Someone sent me the image below which pertains to the US. I have been trying hard to think of a reason why the same situation doesn’t apply here and I cant think of one. My personal experience is that this is certainly true locally. The world is being flooded with more and more fluff whereas…
The chart below is a comparison between the ASX S&P 200 and the NASDAQ 100. There is a remarkable divergence in perfomance over the past six months. The 200 continues to limp along inside a broad congestion zone that makes it hard for trend followers whereas the NASDAQ 100 continues to power along. Whether the…
Matt Taibbi of Rolling Stone remains in my opinion the most incisive financial commentator around at present. Be sure to check out his other work in his blog.
We have long grown use to legal statements that make absolutely no sense whatsoever or those interminable disclaimers at the end of every financial ad on the radio. At last someone has appeared with a sense of human.This is the standard disclaimer that Contango Oil & Gas Company (MCF) include with their earnings reports –…
Letter writing is a dying art form replaced by more mundane and functional forms of communication such as emailing and texting. Neither of which carry the emotional resonance of writing something to someone by hand. Below is a letter from Jackson Pollocks father to his young son Dear Son Jack, Well it has…
Before you run off thinking that this is going to be some sort of Anthony Robbins new age touchy, feely motivational posting….think again. Let me state at the outset I think motivation is bullshit. To my mind you cannot motivate anyone to do anything unless you have a taser handy. Even then you might have…
A recurring topic of conversation I seem to have had lately with people starting out in life/business/career has been should you follow your passion. My answer has been simple. If your passion can pay you a million dollars a year then sure go for it. If not forget it. This may sound somewhat hard headed…
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