I'm old enough to know that I don't have any answers, but that won't stop me talking
Kerry Packer was famous for many things, but his most famous quote was probably saying that you only have one Alan Bond come along in your lifetime. What he was referring to was his sale of Channel 9 to Alan Bond at a premium price, which was followed, several years later, by Alan Bond selling …
Continue reading “Treasury Wine Estate’s Alan Bond Moment….”
I just checked my share portfolio on the Commsec app and am reminded that my decision to liquidate most of my Treasury Wine Estate shares two and a half months ago was an unintentionally astute move (unlike most of my share purchase and sale decisions). You see, this morning Treasury did a revised earnings guidance …
I know a fellow who has, as his What’s App profile, a photo of the Bentley he possesses via hire purchase. As I discovered when he boasted to me and some others of his acquaintances (he is difficult to like enough to have real friends), a Bentley is far more expensive than a Ferrari or …
Continue reading “Investing In Wine Companies Does Not Seem Like A Good Idea Right Now”
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