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Brains or Money
Further to yesterday’s post on smarts being an obstacle to wealth. I remember reading ‘A’ students go on to work for ‘C’ students and ‘B’ students go on to work for the government. I don’t remember where I read it, but it was during the late 1980’s. let me know if you have a reference…
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Sim’ Rhymes with Time
Sim’ is a very smart friend of mine. So smart in fact that I think he would already be filthy, stinking, rich if he weren’t so smart. It’ll take him a few years longer, coz he’s finally learned that making money can be simple. That should be a compliment, comment below if it came out…
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Sell & Buy 5265 BHP @ 8.60
I haven’t heard if this deal went through at the market close but I assume it did. I basically sell and buy back at the same price thereby chrystalising some losses on BHP for the end of financial year. The options trades have been profitable so the entire position wasn’t too bad until this week.…
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Flu and Harry Potter
I thought I was doing very well, having ducked 4 flu’s around the office this winter. Pride goeth before the fall. So I’m feeling miserable with a box of tissues. I’ve been reading Harry Potter and the Goblet of Fire (HP4) with my 9 year-old daughter, Gaby, then burning a little midnight oil reading Harry…
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Navra Funds
I finally found time to meet with an advisor from Navra Financial Services. We discussed property and share investments as well as an investment in the Navra Blue Chip Australian Share Retail Fund. The financial plan is being prepared and will be ready in a couple of weeks. Very exciting stuff. Hopefully we’ll buy another…
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End-of-Year Planning
My accountant called me a week or so ago. He’s great and asked me a bunch of questions about my end-of-year planning. I told him I’d considered it all and was up to speed. It’s amazing how much I’d overlooked, I really should use more checklists. I took care of paying all my staff superannuation…
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Second Correct Answer
I was interviewing for new distributors today. It was strange as I had my Queensland manager down to help. One interesting side-effect of the shuttle interviews was two correct answers to the same questions. But our answers were often diametrically opposed, even contradictory. How can this be? One sign of maturity is recognising there is…
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Stolen Servers
Our offices were broken into last night. Of the four computers on the computer bench the second one was stolen. It didn’t look like the best computer, but it was our file server. The ADSL router was left behind. So who would benefit most from grabbing our accounts system. Or benefit from preventing me from…
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Be accountable
One of the hardest things about this blog is that the succession wars are depressing. After a few hours of working on the company, I then get to deal with the latest salvo from my father. This takes the form of contact with staff, family, lawyers or accountants. So far he’s told his skewed view…
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Balance and Obsession
Peter FitzSimons in Saturday’s Sydney Morning Herald had this great quote: “While it’s important to have balance in your life, it takes a certain obsessiveness to be outstanding.” Former Hockeyroo coach Ric Charlesworth in the latest issue of Inside Sport. And this, dear friends, is the key problem with modern sport. I won’t comment on…