Here is our initial reaction to the Vaccine news which highlights the Australian opportunities and where someone that is fully invested (like us) is finding the cash to exploit them. This podcast gives you a template for what to do today and what we are doing today – lots of ideas in here – (assuming…
I (Marcus) wrote on Saturday that “As the market floats in space, happy go lucky, we have to ponder where the gravitational pull is going to come from, the as yet unclear 2020 development that brings it back down to earth, because, as my accountant, a not unintelligent man, said to me last year, and…
LISTEN – you can read this article or click on the podcast below to listen to it… My daughter was eighteen recently. We pride ourselves on our Birthday cards in the Padley family, we like to pass deep messages of truth and love. And so it was that her Birthday card from her Dad went…
My article on Franking Credits on Livewire, click to read: BEST PERFORMING FUNDS We have systems that track fund manager movements. As a private investor you can track fund managers through their monthly or quarterly investment fund reports available on their websites. Almost all fund managers provide these monthly reports on their funds. These almost always…
In December last year, I wrote an article entitled “Nothing Terribly Wrong” talking about the market fears being overdone. At the time the ASX 200 was down 12% from the top. In hindsight, a marvellous thing, I wrote it ten days before the market bottomed. The markets have bounced. Let us revisit last year’s fears…
Legal Advice will be done by computers with 100% accuracy instead of the human 70% accuracy. It’s already happening in the US with a company called IBM Watson. Don’t bother studying law. It will be for specialists only. Cancer will be diagnosed 4x more accurately by a nurse thanks to technology. At the moment the hospitals…
I don’t need to rewrite all the Royal Commission recommendations for you, so I’ll take those as understood. That said there are a few interesting observations this morning: Bank executives with the wrong culture will be trying not to laugh at the recommendations. Some are calling it a waste of time. I think not (see…
Holiday over. This year Emma and I hosted my brother’s family over from the UK, for a month. They say your relations are like fish. Fantastic when they are fresh but give it a week and they stink. Not so this time, we had a ball. But it was a lot of hard work. Sorting…
I manage a $40 million Australian equity fund. It was great in the financial year ended June 30, 2018. The market was up 12 per cent and the fund was up 23 per cent. In the funds management game, that would have put us in the top 25 long-only funds in Australia. We began to…
When my brother and I first got on the property market ladder in the early 1980’s we were relatively early into the debt boom philosophy, early to exploit the new global phenomenon, the ability and willingness to borrow money. It changed everything. Our parents stood aghast as we two fingered their frugal culture and bought…
