Las Vegas houses some of the world's most magnificent hotels. The Wynn, the Encore, the Bellagio, the Venetian, the Palazzo, the Palms, the Trump Hotel, the Aria, the Mandarin Oriental, the Mirage, the MGM Grand and Caesars Palace, to name just a few. And Caesars Palace in particular. It's the most colossal hotel and casino…
It’s all so short-term when you write daily. I sometimes go back to our newsletters from a year or more ago and, with the knowledge of hindsight, read in minute detail the reaction to overnight events and realise that we look too closely at the market. Much too closely, because, as always, there are only…
THE RICHEST MAN IN BABYLON There is a quote in the Richest Man in Babylon that says: “But too often does youth thinks that age knows only the wisdom of days that have gone, and therefore profits not. But remember this; the sun shines today as the sun shone when your father was born, and…
This Article was written by Foundation 49, a body designed to raise awareness of Men’s Health issues and, in particular, the need for 50 year olds to get colonoscopies. It was written in 2014. “It’s quite nice having a day off and waking up to a nice hot cup of tea and someone telling you you…
Another year down. Our 24th. We survived. I guess it’s hard for some newsletter writers, journalists and commentators to constantly work under deadlines, deadlines that constantly renew the moment they are met. I admire you all, I admire my competitors (the good ones). You are a tough lot doing that all year. But luckily, Henry…
It’s that time of year when you turn your thoughts turn to eggnog, Christmas cheer and what to buy Uncle Fred. Yes, it is Xmas and as we look back on the past year, at least for investors, what can we learn? Volatility 2022 has been a year of volatility. Much of it forced…
Ithaca is the island in Greece that Odysseus had so much trouble returning to in Homer’s Odyssey. On his way he survives run ins with the Cicones, Polyphemus (Cyclops to you), Circe, the Sirens, Scylla, the winds of Aeolus, the Laestrygonians, Zeus, Poseidon and Calypso. A rough trot, and when he finally gets there no…
This is a Heat Map of the All Ordinaries index showing the performance every month since 1982 (over 40 years). Source: Refinitiv Interested in Marcus Today? Marcus Today contains stock market education and ideas every day. Sign up for a no-obligation 14-day free trial. You can see that the average Australian market performance…
I once went out with the richest man in England. Not in the biblical sense of course, and after a few bottles of something expensive he expounded his somewhat brutal assessment of life and business. I took notes. Here is the potted version. Do not try this at home. Interested in Marcus Today? Marcus…
