Author: Paul Zagoridis

  • Server crash

    Sadly the server hosting WealthEsteem died today. Unfortunately it did not have the decency to die quickly. Obviously none of the updates since 16 Jan 2003 made it. We’ll try to recover them if possible. The interim server is not brilliant and the replacement server is being tested. All we need is a few free…

  • If it is to be it is up to me

    I have spent the last two weeks in conflict with my father. It has not been a contructive exploration of diverging opinions. Oh no! It’s a knock-down, drag-out, no-holds-barred piece of nastiness, complete with table pounding and screaming. Aren’t families fun? The point I take away is — it was all pointless. Sure, he and…

  • Welcome Back

    A belated Happy New Year. I could have edited the timestamp to make this on time but that would be cheating. During the Christmas shutdown we didn’t upgrade anything. It’s a long, boring and unenlightening story. You win some… Oh well. We are working on the erratic hosting. Sorry about that. The good news ins…

  • Double standards

    I was talking to the lawyer the other day. A contract on a property purchase I am negotiating has a few nasty special clauses. The contract called for a directors personal guarantee (to complete) should a corporate purchaser fail to complete. These clauses were once rare, but you can’t keep secrets in contracts, so they…

  • Flock of eagles

    It’ll never work. Not now. Not here. And definitely not for you. It works “over there” but that’s different. If you haven’t been spun a variation on this theme, click comment now and tell me your secret. Even with the most supportive family, friends and collegues the world is full of people who tell you…

  • Need to succeed

    I received the following email: Quick Question:: you had mentioned in one place, you build business. What have you built? and how hard was it? I am thinking of buying and building a business but a bit scared (butterflies in the stomach and all that crap).. Any guidance.?? Thriving business is the most fulfilling thing…

  • Finance update

    The finance on the three small units is almost in place. What a cocktail it is! But it is not the size of the units that is the problem. Normally I keep myself “ready to borrow”. Tax returns up-to-date, company trading accounts ready and stuff like that. Because I took Bookaburra over in July, none…

  • Giving it away

    I tithe. That means 10% of my income and capital gains is given away. That either occurs quarterly on trading income or on settlement for capital gains. I give sacrificially, if I don’t miss it I’m not giving enough. Why? Because I think my gifts make the world a better place. I also believe that…

  • One learner at a time

    When I learned to drive I was required to have a fully qualified driver in the front seat passenger seat. That “black licence” was required to be sober and responsible. That is good risk management on behalf of the community. In poker if you can’t tell who the sucker at the table is, look in…

  • Hack Attempt #1

    Someone tried to hack the site tonight. I don’t know whether to be angry or flattered. So if you show up one day and it seems like I’ve moved into the porn-biz you’ll know: 1) I’m 0wn3d by script kiddies (i.e. the site has been defaced). 2) Don’t hire me as your IT security consultant…