Investor. Business person. CIO @themotleyfoolau. Director @cityrecitalhall I wrote a book! The One Page Investing Plan. Link below. Opinions mine.

NSW, Australia
Joined January 2012
Tweeting about a range of stuff - and not following an arbitrary 'party line' on anything - means I end up with followers who might be disappointed that I'm not a cheerleader for 'their team' (regardless of the topic). So, thanks for following, but consider yourselves warned :)
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Scott Phillips retweeted
Day 11, Ch11: On my way back to Brisbane. This one reminded me of the benefits of long term investing. Also of business strengths including moats, margins and management. Also, Scott’s LOVE of ASX stock acronyms 😆😆😆 @TMFScottP #theonepageinvestingplan #motleyfoolmoneyau
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The first sentence will get all of the attention. Just remember to put it in context with the second-last sentence. $1.227m!
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Scott Phillips retweeted
Something newer. Probably not nerdier (because that'd be hard!). On the back of The Budget Picture, I built The Inflation Picture to unpack what's happening to prices. It's hopefully an interesting and useful tool for those who want to learn more. theinflationpicture.com.au
Something new - and nerdy - from me! I’ve built The Budget Picture: an independent guide to Australia’s Federal Budget. Where the money comes from. Where it goes. And how it changes. Official figures, with plain-English explanations. Feedback welcome. thebudgetpicture.com.au
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Bartender: "I didn't get him drunk, it was the other guy." Me: "You're still serving him drinks!" Bartender: "But he was already drunk" No, not a real scene - a metaphor for the government blaming overseas factors for inflation (true, in part), but still making it worse.
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This isn't new from me. But I have to say it again, and with feeling. The RBA is in this position, in part, because Federal and State governments are doing nothing material to help. Mortgage-payers are getting it in the neck because our pollies are gutless. Simple as that.
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Random Australiana tip: If you can't remember how to spell Woolloomooloo, think 'sheep, toilet, cow, toilet' You're welcome.
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(I should add - it's not my idea. I heard it *decades* ago and have never forgotten it. No idea who the original source is, though.)
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Something newer. Probably not nerdier (because that'd be hard!). On the back of The Budget Picture, I built The Inflation Picture to unpack what's happening to prices. It's hopefully an interesting and useful tool for those who want to learn more. theinflationpicture.com.au
Something new - and nerdy - from me! I’ve built The Budget Picture: an independent guide to Australia’s Federal Budget. Where the money comes from. Where it goes. And how it changes. Official figures, with plain-English explanations. Feedback welcome. thebudgetpicture.com.au
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Anyone else know where NAB's bailout is, to protect those 2,500 jobs? Surely the PM and State Premiers are meeting right now to work out a package. What? They're not? Are only politically-attractive jobs worth saving? Only those with hardhats and high-vis? Gotcha! /s
Clearly both. Plus the property slowdown. Slow economic growth, plus cost inflation, means costs threaten to grow faster than income. And banking is essentially a technology business these days - putting it squarely in the path of AI disruption.
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Clearly both. Plus the property slowdown. Slow economic growth, plus cost inflation, means costs threaten to grow faster than income. And banking is essentially a technology business these days - putting it squarely in the path of AI disruption.
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Scott Phillips retweeted
Police charge driver after Helen Haines struck by vehicle - charges include dangerous driving causing serious injury, intentionally cause serious injury and causing harm to Commonwealth public official "Police will allege the incident was targeted" Court hearing tomorrow
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On a much lighter note, for those of us who need it, Marco Jansen is batting beautifully for South Africa in the Test against Australia right now. Some of the crispest stroke play I've seen in a while. #AUSvSA
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He's scoring quickly, but with classic cricket strokes. One of the best on-drives I've seen in a while.
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(And you just know Marnus is filthy that Matt Renshaw's part-time spin was preferred instead of his. Smudge, too, I suspect!) :)
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