@marrowing@laundryroast Capital is risk. When you invest your capital you may lose it. How’s that the case with a job? Also you do realise you invest capital with your after tax income right?
formula 1 sucks man, we could have had 1700 horsepower V12s revving to 30,000 rpms, instead we get to watch a bunch of hormonal teenagers drive priuses around a desert
As far as bond market routs goes, todays move in the JGB's is right up there with as nasty as a one day move gets.
Little wonder gold is blasting higher and US equity futures are getting trashed.
@Q2Metals Who’s the genius who decided to put this in the middle of the night for all Australian time zones given that’s the market that prices these assets the highest?
@ChuckChunder007 We already have a 33% tax on 'luxury cars'. Australia has effectively been tariffing everything other than bottom spec shitboxes for years and ripping off the consumer in the process.
@milkkreme_@ShitValueFund Exxaro. There were sniffs at a deal before xmas but then they sacked their CEO. New CEO starts soon and has been vocal about looking at Mn assets (as well as copper).
China doing a lepidolite on niobium (Nb) now. The lithium story has shown us how uncomptitive Australian deposits become when cheap Chinese supply is brought on quickly.
$WA1
https://t.co/uiFrUP6aWR
@respeculator Almost top ticked it with this tweet. Spud allocation from Superfunds incessantly buying. MS out yesterday saying Super now own 30% of Aus Bank shares, concentration risk is extreme.
Yes, #valuations are very stretched on a variety of metrics. However, valuations have very little impact on short-term #market performance. However, they do tell you a lot about long-term performance.
h/t @ISABELNET_SA
@desertman388 Looks like they’ve gone backwards in every aspect other than styling (which I really like) for the new Prado. The ballooning vehicle mass craze has to end. I wonder if more people will stretch to the GX as pricing isn’t so far off top spec Prado.