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An introduction to how interest rates fit into the financial fabric of Australia and how they impact the lives of all of us.
While we can live safely with our inability to interpret in most scenarios, there is one area of activity where ignorance is not bliss: the world of finance.
What on earth could strawberries have to do with prestigious investment management firm Joseph Palmer & Sons? Differentiation! In an era of apparent ‘sameness’, where it can be difficult for some to differentiate one investment firm from another, this brief essay provides an opportunity to perceive key differences.
By almost any measure, Australia is an exceptional place: its size, its location, its history, its flora, its fauna, its people and its reputation: combined, these make this country ‘more than a bit special’...
An ambitious young man asks his financially well-off grandmother on what basis she attributes her success. 'Good judgment', she replies. He follows up with 'and how do you get that?' 'From experience', she says. Not fully satisfied, he asks how she got her experience? 'From bad judgment' is her final word on the matter.