Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” The VCo’s People before Profit Commitment: This blog was 100% authored by a human, not…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” The VCo’s People before Profit Commitment: This blog was 100% authored by a human, not…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” The VCo’s People before Profit Commitment: This blog was 100% authored by a human, not…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Let’s start with a fundamental question. What is Bitcoin? The crypto bros will have you…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” It’s been a while since I’ve sent a “sandwich” update. In fact, I haven’t been…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Negative Sum Game n. A non-productive parasitic competition where the top 10% win, the bottom…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Let’s cut through the noise. If you’re still reading finance blogs, watching TikTok “traders” with…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Let me be blunt: nothing happening in the Middle East right now changes our investment…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” There are only a few types of people I genuinely can’t wrap my head around….
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” There’s a new kid on the superannuation block, and it’s not here to make your…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” One of the guys I follow around the fringes of economic discourse is Phillip J…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” INTRODUCTION: HOW TO TRADE INSOLVENTLY FOR 25 YEARS AND STILL BE CALLED A “SUCCESSFUL ECONOMY”…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Let me cut through the financial fairy tales you’re being fed. In 2025, the US…
Please do not make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” For two years now I have been saying that equity markets are fragile and on…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” I recently finished reading The Black Swan by Nassim Nicholas Taleb (NNT) and it has rewired…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Following a spectacular run up to December, our Defensive 50 (“Tuna Salad Wrap”) experienced a small…
You are what you read “You are what you eat” is a profoundly accurate statement, and unless there are other mysterious schemes contributing to our bodily compositions I’m yet to discover, it must be true. But if you zoom in a little bit more and have a look at the neural activity in the brain,…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Before we begin, check this out… We broke the 14% annual barrier for our Tuna Salad…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Central Banking Central Banking is an awful way to manage an economy. I’m not going to…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Governments and central banks are claiming an early victory “the war on inflation” but why do…
I posit that AI is currently a bubble, but before I explain why I want to disclose my personal biases. I am biased towards humanity, and in particular the poor and middle class, and my conjecture is based on the idea that the best way to measure the health of humanity is via economic prosperity….
Just another wobble, or is the Great Crash of 2024 finally upon us? Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Last night, I…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” At risk of sounding like a broken record, I’m going to write this here and I’m…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” In the rare event that I attend industry conferences, I cannot help but notice how tired,…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” 1) More countries are admitting to recession While I argue that pretty much every country in…
*oh sorry, did I say “official?” I meant to say “unofficial.” And I don’t mean “unofficial” as in “unsupported by official data.” I mean “unofficial” as in “our governments are deceiving us.” Is it just me, or when the government keeps telling us that they’ve “reduced” inflation to 4.1%, does it sound like complete and…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Wars, economic recessions, artificial intelligence, geopolitical conflicts, and some of the craziest market movements in history……
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Equities I cannot make sense of this right now. The fundamentals are SERIOUSLY BAD. Let’s put…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” The power of indexation Fund managers typically invest in the major stock market indices, and most…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Geopolitical conflicts have always loomed ominously over financial markets, presenting investors with the formidable task of…
Bad Times Ahead for Shares. Good Times Ahead for ‘Not Shares’ Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” Sorry about the gap in…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” ***FINANCE TALK WARNING*** Australia’s sharemarket accounts for around 2% of global market capitalisation. Sounds insignificant, but…
Your super is a long-term strategy. While there’s no universally agreed definition for ‘long-term’ or ‘short-term’ investing, we like to think of ‘long-term’ as 5 years or longer, particularly when it comes to superannuation. Why is reacting to short-term performance a ‘Fool’s Game’? Let’s compare 2 hypothetical superfunds side-by-side and start by zooming in on…
Let’s start by doing some basic math. What’s $100,000 – 10%? If you got $90,000, great! Now, what’s $90,000 + 10%? You may be tempted to say $100,000, but answer is actually $99,000. So, if you lose 10%, then gain 10%, you end up lower than where you started! Not fair right?! Loss prevention, or…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” And no, BBUS is not a typo, nor does it have an angry underpaid driver. It…
Please do make any financial decisions based on the contents of this blog. My blogs are designed to be thought-provoking and introspective, not financial advice. Please do not act on any document unless it is titled “Statement of Advice.” With Australia’s culture of not wanting to be in debt, it’s easy to understand how investors…