Another great example when some in the market do not follow the same wisdom they give out to the general public is diversification. You don’t have to look far to see some examples for this during the current share market rout.…
Long term investors, where are they?
With the wild swings in financial markets the past few months, one has got to question how much of the market really is in it for the long term. The public is universally told by almost any investment advisor to avoid at all costs selling in a downturn as it a sure fire way to capital destruction.…
When the pigs fly: All stations to Rouse Hill
Morris Iemma decision this week the North West Rail link into a 38km Metro line is yet another painful re-announcement of a much delayed project that is desperately needed now and not in 2015 (as if) with a slight twist. And it was a bad day to be announcing driverless trains when a driverless bus crashed into an existing railway line causing massive delays right near an interchanged for the Metro link.…
News Corp and Yahoo Merger Talks
As foreshadowed in this blog a few weeks ago News Corporation has started talking with Yahoo about a possible tie up in response to the Microsoft’s big bid for the company.
News Corporation owner, Rupert Murdoch has been fashionably late to the online media as he waited for the business models to emerge out of the dot.com wreck and it starting to pay off.…
Illinois Shooting: We all know why… so why do we ask?
Same story… A mass shooting in the United States and the headlines ask why? Why has did it happen and what was the cause. The question often directed at the commonly lone gunperson who has taken the coward’s way out leaving only their past records to judge their motivations.…
Rudd Breaks first Promise, As Housing Scheme Blows Out
It’s great to be poor again, as Rudd starts his clamp down on the various schemes and rebates that accumulate over time to throw money at various problems that have come up. The housing crisis was one of the key messages that Kevin Rudd,
Australia’s new Prime Minister targeted as a key point of difference which is one area somewhat exempt from the purge. Following a grand Howard tradition on setting up schemes and programs which often lead to very little change to the problem they are trying to solve.…
MSN & Yahoo merging you would hardley know in the Australian Media
Saturday mornings are not an ideal time for a big story to break within the Australian media. No television news, radio is on weekend leave except for the gallant ABC and the websites are waiting for their diet wire feeds to take care of the hard yards.…
Jetstar gives up on being the world’s best low cost airline
Jetstar’s homeless waiting room at Sydney Airport on Thursday night is set to haunt the airlines public reputation, which is already on shaky ground. Australians are not used to the penny pinching carelessness that Jetstar has mastered to keep it costs low when travelling by air.…
Media Myths #1 – Oil Prices
Nothing apparently gets the public more furious than those high oil prices that never seem to stop rising and in my view I fail to see a problem with them rising, as that is exactly what they are meant to be doing!
Peaceful Protest, Millions Wasted
APEC protesters appear to have scored a major victory, with a peaceful protest amidst the largest security operation in central Sydney. Millions have been spent protecting the 21 world leaders meeting for the APEC leader’s conference this weekend.
Police were expecting a Seattle style riot but would have been bitterly disappointed to find nothing more than a few thousand peaceful protesters.…