STOCKHOLM—This is a high-tax, high-spend country, where employees receive generous social benefits and ample amounts of vacation time. Economic orthodoxy would suggest the dynamics of a welfare state like Sweden would be detrimental to entrepreneurship: Studies have found that the more a country’s government spends per capita, the smaller the number of start-ups it tends to have…
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I have a theory that the easiest job in Australia is to be the head of one of big four banks. On day one of my employment as CEO I would do two things. First and foremost make certain they had the correct banking details so that my grossly inflated salary went into the right…
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Apparently how you spend your money in retirement has a lot to do with your life satisfaction – this is off course assuming you have any money in retirement to spend. Long story made short spending it on time consuming leisure activities where health allows generates the most satisfaction. Overall satisfaction is also increased by…
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Apparently the name a hedge fund gives itself has a direct bearing on both the inflow of capital and by extension the level of fees they generate from those inflows. It seems that having a name that lends gravitas and sounds somewhat regal (wanky) adds some $250,000 to the inflows. But funds with such names generate lower…
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Let me start today’s blog by asking you a question. What separates successful investors from unsuccessful ones? Some of you may have answered with ‘years of experience’, others may have gone with ‘receiving good advice’. Some may have even said it comes down to luck. But I am a firm believer that to be a…
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When we think of entrepreneurs we often think of trailblazers forging ahead on their own, someone who’s doing something different or creating something new. While it’s true that in order to achieve financial freedom, you’ll have to rely on your own wits and talents, it’s also true that no one succeeds on their own. If…
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If you were in Melbourne over the weekend it would have been hard to miss the fact that there was a football match on and with all such things weird stories emerge from the woodwork. Apparently one lucky punter quite early in the year generated a multi -legged bet that had Dustin Martin winning the…
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