Update: Hertz announced on March 15, 2024 that that the CEO was being replaced, effective March 31. Another idiot bites the dust, but not before trashing a big chunk of shareholder funds.
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I am not a shareholder of the Hertz Inc car rental company. Fortunately. For I think Hertz shareholders have every right to be thoroughly disappointed in the Board.
Continue readingScientists must be getting bored.
Continue readingIf I told you that Covid restrictions were about to be re-invigorated, you would reasonably dismiss me as a looney. Right? Stay tuned.
‘The EU is in a funk’, I said on this blog a few days ago. I think malaise would have been more accurate. Funk involves panic, according to my dictionary. When I observe the EU, I’m not sure that I see panic. Yet the picture is grim.
Continue readingWhat is an Ethically Conscious Global Aggregate Bond Index Fund (Hedged)?
Continue readingThe idea of the trillion dollar coin is back, it seems. This idea is so gobsmackingly stupid that it has attracted the approval of Paul Krugman.
Continue readingWhat is it about banking executives that have become mega wealthy thanks to crony capitalism and their annual pompous ‘Letter to Shareholders’?
Continue readingThe Australian central bank governor says he doesn’t know how high interest rates will have to go to get rampant inflation under control. That may be the first thing he has said that I believe.
Continue readingLess than a fortnight after releasing his first plan, Australian Treasurer Jim Chalmers has announced another plan.
Continue readingA co-founder of a behemoth software business, Mike Cannon-Brookes, is in the media now after a spectacular collapse of his dream extension cord business.
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Australian Actuary 