Blog
April 14, 2016
Time travel is a skill that would dramatically transform the world of the investor. Sadly, despite all the technological advances of the past two decades, the ability to go back or forward in time remains the realm of science fiction novels, not a killer app on an investor’s smartphone. While time travel may still be the domain of TV and film producers the passage of time is a real-world test for investment ideas even if – as we are constantly reminded – history is not a great predictor of future returns. Twenty years ago the movie Shine with Australia’s Geoffrey […]
April 7, 2016
From Kerry Packer to Christopher Skase, almost 1.3 million Australians — dead or alive — have money ready to be claimed from the Federal Government. The Government is calling on Australians to use a special search engine to check if some of the $1.2 billion tied up in old bank accounts, share dividends and life insurance is theirs. Some accounts hold just 5¢ while others have tens of thousands of dollars. One account holds more than $1 million. Kerry Francis Bullmore Packer, one of the country’s richest men who died in 2005, has $14,520 in three Westpac accounts that have […]
March 31, 2016
Margaret was 21 when she married Graham. She was working as a sales assistant in a large department store when they decided to start a family. As her pregnancy advanced Margaret gave up work and Graham, a warehouse fork-lift driver, took a second job to make up the shortfall in their income. He was a hard worker and fast learner which prompted his boss to promote Graham to Warehouse Manager a few months later. In the years after their first son was born, two more babies arrived – another boy and a girl. Once the children were settled at school, […]