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What does a portfolio look like when someone with access to almost every asset class and manager in Australia takes a genuinely long-term view, building the portfolio from the ground up?
There are at least 20 businesses in Australia operating in 'roboadvice', yet it takes large scale to make these businesses profitable. Most will not make it independently and will need to choose another path.
In Part 2 on roboadvice, we interview the CEO of a business that started out with the resources and ideas to deliver better outcomes to consumers, but decided to pivot away.
An industry veteran told clients last week that demand for investment property has fallen off a cliff, and even price discounts were not shifting stock. Take great care what you buy.
My trip to Malta and Italy produced many great memories, but did I really enjoy the experience? As the Nobel Laureate says: “We go on vacations to a very large extent in the service of our remembering self.”
Before you read the next article on the Factfulness book, take a quick test of 13 short questions to see how much you know about the world.