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Whilst munching on my toast and vegemite and playing with my tablet (not a euphemism) I saw this neat little paragraph on news.com.au – Superannuation fund analyst Superratings’ figures show that annual returns for the median “balanced” super fund sector, which accounts for about 80 per cent of Australia’s $1.3 trillion super industry, averaged just 0.92 per…
DetailsApropos my last piece on superfunds I was pondering why they are so ordinary and I remembered a piece I did on this many years ago which I have reproduced below. Wall Street relies on “stock analysts.” These are people who do research on companies and then, no matter what they find, even if…
DetailsTraders make trading harder than it should be – it seems that all traders move towards a point of maximum complexity, followed closely by maximum confusion. Listening to a lot of the chatter recently people seem to be trying to trade when there is no clear reason to be trading. There is no rule that…
DetailsThe Telegraph – Staff are understood to have received quarterly bonuses last Monday. It is not clear whether the bonuses were also received by staff in the US. The news is likely to anger those MF Global customers who have still been unable to access money they held with the broker It is not surprising that people…
DetailsWith Italy showing Greece that it doesn’t have a monopoly on incompetance I thought I would redo the graphs I showed in this posting with a look back period of a one year. As you can see in terms of compound daily growth last year has been a shocker.
DetailsI have no reason at all to show the following image other than it appealed to me. Courtesy of the always informative The Onion
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