Category: Psychology of the Deal

  • ASIC Closes Loan Calculators

    I’m not a big fan of ASIC while its bureaucrats’ policies and legislative interpretations mollycoddle investors from taking responsability for their investment education and decisions. The Financial Services Reform Act created an nearly insurmountable obstacle for small business. Every business must hold a licence. Licencing and compliance is a nightmare. But this not a rant.…

  • Andre Weil’s Law of Academic Hiring

    Following on from my Brains or Money posts, I came across a quote be Andre Weil. After a bit of research I found Patrick Moore‘s page for the Society for a Return to Academic Standards, Little Rock Chapter where he presents Andre Weil’s Law of Academic Hiring French mathematician Andre Weil once mentioned an unconscious…

  • Auctioneers in Administration

    During my quiet time Mason Gray Strange Auctioneers and Valuers Pty Ltd (of Condell Park NSW) appointed a voluntary administrator. They owe us less than $50.00 so it’s not worth attending any of the creditors meetings. I’m too busy with my own legal defense to pay attention to someone else’s restructuring. The sloppy reporting on…

  • Ziggyswarehouse.com.au live

    After a long and challenging journey (or at least several vodka’s too many) I’ve started at Ziggy’s Warehouse. Its URI is http://ziggyswarehouse.com.au. The online store is mostly finished and ready for testing (most of the products aren’t loaded yet). Lots of design changes on the way. I’ll post on Ziggy’s business at the Ziggy’s blog,…

  • eBay adventures

    I’m still waiting for the final results from the stock I sent to auction last month. That is frustrating and disappointing. I just haven’t had time to follow up with it. I’m not blogging as much because most of my recent work is either legally privileged regarding the succession wars, or secret until I get…

  • Mikes Weblog for Entrepreneurs

    Welcome to blogsphere Mike Nicholls. Mike writes Mikes Weblog for Entrepreneurs I’ve known Mike for a while now and he is a smart operator who can change your thinking on life and business. There should be some interesting sales, marketing and technical tips there. Mike also reads multiple books at a time, and curently halfway…

  • Housing credit angst

    The drive time media is full of hue and cry tonight. According to RBA financial aggregate statistics released today, credit for housing grew 2.1 per cent in March and 23.9 per cent annually. Initial media reaction on radio said that result defied predictions and accordingly put fresh upward pressure on interest rates. The AFR online…

  • Iraq

    It is good to feel something deeply. It adds perspective to my life and reminds me of the important stuff. Two external yet personal Iraq events touched me. I found Bob Zangas’ Journey In Iraq blog over the new year break. It wasn’t a daily read but a good site to check occassionally. I’d seen…

  • Ultimate Holding Company

    Corporate Law Economic Reform 7 a.k.a. CLERP 7 introduced changes to how Australian companies are managed and regulated from 1 July 2003. One interesting aspect is the requirment to report the Ultimate Holding Company of a Company. Does that mean that private companies whose shares are owned by corporate trustees (as trustee for a trust)…

  • Feeling good about bad things?

    I missed an opportunity to chat on ABC Radio Statewide Drive with Brad Storey who asked: I’m working at the ABC radio and looking for someone to comment on the ‘psychology’ of finance. Why the dollar at .80 cents makes us feel good but may not be good for us. Sadly I didn’t check the…