The concept for this article has been unashamedly stolen from Warren Buffet although it has been given an an Australian flavour. He expounded the US version in a speech in 1984 commemorating the fiftieth anniversary of the book Security Analysis by Benjamin Graham and David Dodd, the bible of value investing. He called his speech…
I wrote this article a few years ago and I reproduce it for my 60th Birthday. 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,…
Those Ads showing 20-year-olds stepping out of limousines in New York trading forex on their mobile phone are one the most fantastic advertising deceptions you will ever see.
When it comes to the stock market there are rallies and then there are bubbles. The media slips into ‘bubble jargon’ on a whim but Bubbles are rare. At the moment we are in the middle of an AI Bubble apparently, and a Crypto Bubble. But these aren't Bubbles, they are not going to be…
Anyone who’s been to Las Vegas will know what I mean when I say it’s a place that everyone has to visit but no one wants to stay. I tried to get married again. Elvis was prepared to pick us up from out hotel in a stretch limo, take us to the chapel, be our…
