# quarterly update (audio feeds) — RSS Amplifier Recent posts from the 1 feeds in the RSS Amplifier directory that cover quarterly update. Page: Feed: --- ## [Memory, Part 3: Cyclicality, Leveraged EFTs, and Pricing Uncertainty | EP 225](https://artofboring.libsyn.com/memory-part-2-cyclicality-leveraged-efts-and-pricing-uncertainty-ep-225) _2026-08-12 · Art of Boring_ How do you value a memory semiconductor stock like SK Hynix when no one can predict DRAM prices? Equity analyst Shan Rui Yeo walks through the team's Monte Carlo valuation framework: a discounted cash flow run through thousands of scenarios that prices the business on a distribution of returns rather than a single forecast. He also explains how two-times leveraged single-stock ETFs have been… [Listen](https://traffic.libsyn.com/secure/artofboring/AoB_-_EP.225_Memory_Pt.3_-_AUDIO_V2.mp3?dest-id=651385) ## [Memory, Part 2: The Risks from China, Technological Change, and Overcapacity | EP 224](https://artofboring.libsyn.com/memory-part-2-the-risks-from-china-technological-change-and-overcapacity-ep-224) _2026-08-05 · Art of Boring_ Memory has been one of the strongest corners of the semiconductor industry, and strong returns invite hard questions. In the second part of this series, equity analyst Shan Rui Yeo examines the main risks to the memory thesis: rising competition from China's CXMT and YMTC, the technologies that could reduce AI's appetite for memory, and the wave of capacity investment that could eventually tip the… [Listen](https://traffic.libsyn.com/secure/artofboring/AoB_-_EP.224_Memory_Pt.2_-_AUDIO_V3.mp3?dest-id=651385) ## [Memory, Part 1: From Boom-Bust Commodity to AI Bottleneck | EP 223](https://artofboring.libsyn.com/memory-part-1-from-boom-bust-commodity-to-ai-bottleneck-ep-223) _2026-07-29 · Art of Boring_ One of the defining market stories of the past 12 months has not been AI chips that compute, but the chips that remember. Equity analyst Shan Rui Yeo explains how memory works, from DRAM and NAND to high bandwidth memory, and how an industry that destroyed wealth for four decades became disciplined after consolidating to three players in 2013. He then walks through what changed: AI inference has… [Listen](https://traffic.libsyn.com/secure/artofboring/AoB_-_EP.223_Memory_Pt.1_-_AUDIO_V2..mp3?dest-id=651385) ## [Investing in the Build Canada Theme | EP 222](https://artofboring.libsyn.com/investing-in-the-build-canada-theme-ep-222) _2026-07-22 · Art of Boring_ Canada has spent a generation underinvesting in the infrastructure and resources that underpin its economy, and that may be starting to change. Canadian small cap equity analyst Dominic Drzazga examines the Build Canada theme: what it actually means beyond the headlines, and what has shifted since the federal election. He walks through the legislative groundwork, from the Building Canada Act to a… [Listen](https://traffic.libsyn.com/secure/artofboring/AoB_-_EP.222_-_AUDIO_V1.mp3?dest-id=651385) ## [Quarterly Update | Q2 2026 | EP 221](https://artofboring.libsyn.com/quarterly-update-q2-2026-ep-221) _2026-07-15 · Art of Boring_ Canadian equities gained in the second quarter of 2026 even as the economy tripped the technical definition of a recession and an oil shock sent crude toward $120 before it fell back. Institutional portfolio manager Kevin Minas and investment counsellor Stu Morrow review the quarter, from the gap between the Canadian market and the Canadian economy to the case for holding commodity exposure as… [Listen](https://traffic.libsyn.com/secure/artofboring/AoB_-_EP.221_Q2_-_AUDIO_V1.mp3?dest-id=651385) ## [Emerging Markets: Different Hats, Better Decisions, and Learning Faster | EP 220](https://artofboring.libsyn.com/emerging-markets-different-hats-better-decisions-and-learning-faster-ep-220) _2026-07-09 · Art of Boring_ Investment teams increasingly build and rely on their own AI tools, but the payoff depends on how deliberately a team reinvests the time that AI frees up. Emerging markets portfolio manager Wen Quan Cheong walks through how his team puts believability-weighted decision making into daily practice, and where AI has genuinely enhanced the process. He closes with a tour of the emerging-market themes… [Listen](https://traffic.libsyn.com/secure/artofboring/AoB_-_EP.220_-_AUDIO_V4.mp3?dest-id=651385) ## [Global Equity: The Odyssey, the AI Trade, and Concentration Risk | EP 219](https://artofboring.libsyn.com/global-equity-the-odyssey-the-ai-trade-and-concentration-risk-ep-219) _2026-07-02 · Art of Boring_ AI portfolio construction in global equity markets (memory semiconductors, mega IPOs, and how to manage concentration risk) is the focus of this conversation with Mawer's global equity portfolio manager Paul Moroz. Drawing on Homer's Odyssey, he explains the discipline the team applies when navigating themes that are moving quickly: from trimming SK Hynix systematically as the position grew, to… [Listen](https://traffic.libsyn.com/secure/artofboring/AoB_-_EP219_-_AUDIO_V1.mp3?dest-id=651385) ## [Looking Under the Hood: Canadian Equity Concentration and Diversification | EP 218](https://artofboring.libsyn.com/looking-under-the-hood-canadian-equity-concentration-and-diversification-ep-218-0) _2026-06-18 · Art of Boring_ Canada's stock market has set repeated record highs in 2026, even as the domestic economy feels soft. Canadian equity portfolio manager Mark Rutherford explains the gap between the two, and why a large weight in financials can represent more diversification rather than less. He walks through how the team rotated within the sector as the banks re-rated, and the discipline behind trimming a gold… [Listen](https://traffic.libsyn.com/secure/artofboring/AOB_-_EP.218_-_AUDIO_V1..mp3?dest-id=651385) ## [Balanced Portfolios: A Market Tug of War and the Discipline to Stay Neutral | EP 217](https://artofboring.libsyn.com/balanced-portfolios-a-market-tug-of-war-and-the-discipline-to-stay-neutral-ep-217) _2026-06-10 · Art of Boring_ In this episode, portfolio manager Steven Visscher covers how Mawer's balanced portfolios navigated 2025 and how they are positioned in 2026. With a war-driven energy shock on one side and an AI investment boom on the other, the market is pulling in two directions at once. Steven walks through what that means for asset mix, where the team is seeing signs of investor complacency, and why cracks in… [Listen](https://traffic.libsyn.com/secure/artofboring/AoB_-_EP.217_-_AUDIO_V1.mp3?dest-id=651385) ## [Earn crypto from idle GPUs (Sponsored)](https://crawlproof.com/a/sCuL0cfayroS) _2026-06-10 · **Sponsored**_ Run one CLI command, connect your GPU, and start receiving crypto payouts. ## [U.S. Mid-Cap: The Physical Economy Comeback, Capital Intensity, and Portfolio Positioning | EP 216](https://artofboring.libsyn.com/us-mid-cap-the-physical-economy-comeback-capital-intensity-and-portfolio-positioning-ep-216-1) _2026-05-14 · Art of Boring_ In this episode, Jeff Mo, U.S. mid-cap portfolio manager, explores a fundamental shift in how economies may grow over the next decade. He makes the case that after 25 years of intangible, internet-driven expansion, growth may increasingly depend on building physical things again: data centers, electrical infrastructure, factories, defense systems, satellites. Jeff walks through the forces driving… [Listen](https://traffic.libsyn.com/secure/artofboring/AoB_-_EP.216_-_AUDIO_V1.2.mp3?dest-id=651385)