I like investing in businesses that are simple and profitable, provided that I can buy my share in the business at an attractive price.
Continue readingYear: 2024
Inflation Bulletin
Did anyone see the headline this week regarding Producers Prices?
Continue readingThe sunny side of the street
I have three related pieces to share today that will remind us that normal people are sensible. By normal, I mean people other than politicians and the associated grifters that try to use political power to extract unearned money.
Continue readingWhat is going on in China?
The Chinese Communist Party has been in power for 75 years. How much longer can it retain its grip?
Continue readingWhy the Left always fails on public policy
The key to effective public policy is to understand incentives. Incentives are not particularly well understood. That explains why most public policy is bad policy.
Continue readingYet another license?
They say that to a man with a hammer, every problem looks like a nail. When it comes to the retirement incomes sector in Australia, the equivalent mindset seems to sit within the head of Jeremy Cooper.
Continue readingReasons to be cheerful
About a year ago, I wrote a piece about the tectonic plate equivalents driving modern society: NATO expansion eastward, decay of western civilisation and Chinese communism.
Continue readingAny Greens paying attention?
To ask is to answer. Of course they’re not.
Rich energy hobbyist carpetbaggers
A prominent national journalist recently published an opinion piece about the crazy state of the Australian energy market. In it he referred to the small number of individuals that are trying to use political power to enrich themselves as “rich energy hobbyist carpetbaggers”.
Continue readingCould there be any idea more idiotic than this?
Government subsidies of power bills will reduce inflation? What a depressing headline. What kind of ignoramus would think that Government financed consumer subsidies will reduce inflation? I’d invite the dopey journo to advocate the complete removal of inflation by subsidising all household costs, not just power.
PS OK, some ideas are even more stupid: socialism and its evil cousins Communism and Fascism.
Australian Actuary 