Episode 3: Part 1: Introducing David and the founding of Paradice Investment Management

David Paradice, founder of Paradice Investment Management, details the evolution of his firm from its inception during the 2000 tech bubble to managing $19 billion in assets. The transition from a career in accounting and stockbroking to founding one of Australia’s first boutique investment firms highlights the necessity of maintaining fundamental analysis and avoiding "style drift" during periods of extreme market speculation. Starting with a $30 million mandate from REST super fund, the early years were defined by the high-pressure environment of managing public retirement savings while facing personal financial risk. Success in the funds management industry requires a long-term commitment to ethical conduct, avoiding shortcuts, and prioritizing the financial well-being of the "man on the street." These foundational principles, alongside a focus on cash flows and present value, remain the core drivers of navigating volatile equity markets.