Blog
Learning the rules
As a young graduate I went to work in London’s West End at Marylebone for a mid-tier accounting & business advisory firm, where instead of listed clients we largely acted for family businesses and high net-worth individuals.
It was eye-popping to first...
New rules of money
The Coronavirus shutdown this year has changed the rules of money in a number of ways.
Here are 3 key ways in which the rules of money have changed.
1 – ZIRP is here to stay
The Reserve Bank in Australia has signaled that interest rates will be stuck at the effective...
What is systematic investing?
Success in investing over time is more about process than outcome.
A good process will not mean all your investments are winners, of course.
After all, every investment involves a mixture of skill and luck.
You can control your skill or your process, but you...
4 factors of production
How can you thrive in the modern Australian economy?
Here’s how…
You need to recognise that there are 4 factors of production, and these are:
(i) Land – nothing productive can flourish without land, and therefore well-located real estate will...
Optimising growth and results
The self-determination theory (SDT) holds that there are THREE innate human needs which we must satisfy if we want to optimise our personal development, growth, and ultimately, results.
If you want to realise your full potential, these three needs which you...
VRIO framework
Today let’s consider a 4-question framework or strategic tool for analysing the resources and capabilities of a business.
The VRIO framework was a business school staple of the 1990s, and it still has great value today in terms of business strategy and market positioning.
...
Understand assets & liabilities
I was interested to see Robert Kiyosaki back in Australian news this week, as he was interviewed by my good friend Michael Yardney for the outstanding Yardney podcast.
Somewhat scarily it’s now nearly 25 years (!) since Kiyosaki became famous for his...
Pension reliance
I’ve lost count of the number of pension scandals we’ve seen in Britain over the years.
The repeated malfeasance left me inherently sceptical about relying on someone else to secure one’s retirement years.
If you don’t learn to make money for yourself, to...