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Beware The Greater Fool

Early in my investing career I was told a story that illustrated the concept of ‘the greater fool‘. It’s remained front and centre in my mind ever since and given the irrational behaviour of the Aussie property market, I feel it’s prudent to tell you about it as forewarned is forearmed. The story told toContinue Reading

Growth Warning Emerging

The latest unemployment numbers released last week were disappointing to say the least: Australia’s unemployment rate jumped to a 10 year high and is now on par to when the GFC unfolded. Now, unlike then though we don’t have a mining boom to insulate our economy or a government predisposed to spending our way toContinue Reading

The Super Suck

There’s a sucker born every minute, or so the saying goes. A fool and his money are soon parted, or so the saying goes. The borrower is the slave to the lender, or so the saying goes. The New Con Sadly the latest con doing the rounds (that I call ‘The Super Suck’) involves allContinue Reading
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