I don’t normally give equity investment advice without being paid. But here’s a freebie. In 2023, strong cashflow, low debt, low inventory, high dividend is your target. Good luck.
Month: December 2022
The model is not reality
Just look at the state of mainstream media reporting, this from today’s Australian newspaper. Journalist Remy Varga should hang her head in shame.
Continue reading‘Scientists say’ losing effectiveness, scientists say
For decades, newspaper editors have loved to append ‘, scientists say’ to the headline of any story that they felt could do with a credibility boost. It was code to their readers: you must not argue with this story’s conclusions. The same applied to documentaries on pay TV.
Continue readingOil price caps
Carlo Cipolla was an Italian economic historian. He wrote a book about the theory of human stupidity. His theory was based on five fundamental laws, one of which is that stupid people are defined as taking actions that hurt both themselves and others. I was reminded of his work when I heard about the latest announcement from the EU, G7 and Australia to impose a cap on the price of Russian sourced oil of US$60 per barrel.
Continue readingWind angle
Australian Actuary 