Australia’s top tax rate of 47% kicks in on an income that still would not allow you to afford a mortgage on the median home in Sydney.
So the government calls you rich but you cannot afford to buy an AVERAGE house in Australia’s largest city.
Unreal numbers 👀⚡️
"JPMorgan estimates that, had Germany not phased out nuclear power, the country would have generated 50% less electricity from fossil fuels and 84% less electricity from natural gas in 2024. Electricity prices in Germany would have been around 25% lower, and the country would have imported half as much electricity.."
@ConsensusGurus $TEAM @Atlassian shareholders would tremendously appreciate if management stopped fire selling their own company and took seriously the criticism on SBC. Would literally be a step change in stock sentiment to address these two points alone.
$Uber could replace underperforming bus networks in public transport by creating interlinked chain of cars (could even specify Hybrid/EVs only) driving set routes during commute times. Easy to display colour & code on front windows to distinguish or other safety / verifiction ID.
When price levels are atrociously high for everything and anything essential, from rent to food to insurance, it doesn’t matter anymore if their rate of increase slows down to 2%. They let inflation run hot for too long. It’s too late to avoid a consumer recession. Now imagine what a bump in unemployment would do on top.
In the late 1980s, Phil Fisher gave a rare interview shortly after the 1987 Black Monday crash.
He discussed avoiding popular stocks, management, circles of competence, waiting for big payoffs, retirement, hyperinflation, & market crashes.
🧵 Our 7 favourite highlights:
In my portfolio I own lots of oil & gas pipelines at 8-9% tax-deferred yields, my favorite being MPLX yielding 9.10%. Still own some banks at 70-80% of book value (back to Graham & Dodd!). CFG and TFC both trade well below book. 8/10
#Neflix should do short form doco style series on meaningful news events by serious tenured journalist released during or right after events happen. Like right now an in depth on what's happening in France - but on what's actually beneath the surface and the context/background
@InvestRoiss A company sitting in a hated sector (fintech) & segment (EM, Brazil) - that is actually seeing strong yoy revenue growth at +30% - and is objectively at reasonable valuation <10x P/E NTM
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A positive contribution to society bringing banking to micro-merchants, SMEs