Mum And Dad Investors Are Snowflakes

I have been thinking about this piece I posted yesterday. The central tenet is that to admit a mistake is to undermine one’s sense of self. Thus doing so is extremely difficult for professional money managers. My thoughts have drifted to the current round of pending and proposed legal action by shareholders against various companies,…

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Fun With Banks

With the banks getting a rogering at the current Royal Commission where the only people who are surprised that the banks treat their customers like shit are the banks themselves, who reward such behaviour and politicians who want lucrative directorships and consultancy with banks when they leave politics. Combined the touted changes to dividend imputation much has…

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