Season 4 of the Finance Friends podcast is officially back! 🎙️

We thought there was no better way to launch back into this season than with a re-run of one of our most beloved guests, the legend himself, Chris Judd! And just in time for the first round of the 2026 AFL season.

In this episode, Chris retraces his path from buying his first shares at sixteen to crystallising a philosophy anchored to probabilities. He draws vivid lines between the locker room and the trading floor: at West Coast and Carlton, a culture obsessed with endurance became a true competitive edge; in business, a firm’s behaviour must fit its stated advantage or the story breaks.

Chris dives into why doing something different carries both the biggest wins and losses, how to judge management against promises, and why being disagreeable can help investors resist consensus without becoming reckless.

If you haven't listened to this episode yet, now's the time.

We’re gearing up for a season filled with brilliant minds, diverse investment philosophies, and conversations guaranteed to challenge and inspire. Stay tuned... there’s plenty more to come.

Visit the Cerutty Macro Fund website today: https://ceruttymacrofund.com.au/

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