Archives for June, 2015
The past couple of months have seen daily headlines about sharply rising Australian house prices. Is it good, is it bad, is it a bubble, or is it a shortage? Various talking heads at the Reserve Bank think it is a bubble that will end in tears. Their dilemma is…
On Thursday I attended an investor briefing on India Fund Limited, hosted by Monsoon Communications. The event was well attended and lunch was, fittingly, curry with rice. Managing Director, Mr John Peireira, was born in India and has lived for many years in Australia. He has a very strong board, with…
Feedback from Part One has been interesting. I think that people most often consider that any distribution will be normal (or Gaussian). This is not true, but may partly explain why rare events, such as financial crises, are so unexpected. They are often referred to as outliers, which implies outliers…
On Wednesday I attended an investor briefing hosted by Read Corporate. The room was full, the lunch was excellent, and all three presenting companies (ASX: EMX, KDR, PLS) are at an interesting stage of development. All companies have merit, but I was particularly interested in Pilbara Minerals. Read a brief…