Apollo 17 In Real Time
This is beyond brilliant…..go back to a time when humans actually did something amazing. Click here
Details
The Coming Extinction of the Video Store Clerk
A profound failure of an industry to adapt – click the image below for the full story. For a good look at the role adaption plays in corporate life I would recommend Tim Harfords book Adapt. More here – The Wall Street Journal
Details
The 3 Biggest Obstacles to Becoming Financially Free – Michal Yardney
Last weekend at a private client function I was conducting I had the good fortune to have conversations with a number of our Wealth Retreat graduates. I was talking with them about their experiences since attending our 5 day workshop, what they had learned, what they were doing differently and how they were leveraging the…
Details
The Tide Turns
FOR decades looking after other people’s money has been a lucrative business. Profit margins in the asset-management industry were 39% in 2014, according to BCG, a consultancy, compared with 8% in consumer goods and 20% in pharmaceuticals. The industry’s global profits in 2014 were an estimated $102 billion, allowing firms to pay those picking stocks…
Details
Hedge Fund Returns
I thought I would update this. It combines data from the Barclays Hedge Fund Index and available total yearly returns for the S&P500
Details
Valeant Pharmaceuticals
The ongoing saga of Valeant and its capacity to make dickheads out of apparently the hedge fund industries best and brightest intrigues me because it displays the power of the narrative over rational decision making. Consider that hedge fund managers are the highest paid individuals in the world and for their multi billion dollar salaries…
Details
A 99-Year-Old Wall Street Veteran Reveals the Secrets of Her Success
Not my philosophy but remarkable longevity in an industry where most are transient and leave after a few years if they have not made it big. As she nears 100, Irene Bergman has some advice for enjoying a long career on Wall Street: Don’t do anything stupid. Consider investment returns, the financial adviser at Stralem…
Details
MY TOP INSIGHTS INTO ACCELERATED WEALTH CREATION – Michael Yardney
Today I wanted to share my top wealth creating insights from our premier property training event – our 5 day Wealth Retreat. You see…property money As I start preparing the curriculum for this year’s event that will be held on the Gold Coast at the end of May, I’ve been reviewing my notes from last…
Details
