One of the most convincing pieces of share-market analysis I have read recently:
The 10-year price-to-earnings ratio tells an incredibly consistent story over the last century. It has averaged about 16 over that time. There have been long periods when it stayed above 16 and even shot above 20, like the 1920s, 1960s and recent […]
The new generation of mobile computing is about to arrive…
Back in England again. Cold and frosty - beautiful clear crisp mornings, but already we need to crank the central heating in the evenings.
Cold, frosty people as well. Decent, hygienic people.
Sunday, 23rd March 2008 [but took me seven months to type it up]
Flurries of marijuana smoke mixed with heavy gusts of snow as I squinted my way through the streets of Amsterdam this afternoon. The outstanding tolerance of other peoples’ tastes here makes me feel like humans are not so bad after all. At the […]
Yesterday’s big news - Colin Powell endorsing Barack Obama - took the election one step further towards an Obama victory. Many pundits are saying that McCain can only win this now if he pulls off some sort of masterstroke before November 5th.
Powell’s endorsement gave me an idea of what that masterstroke might be.
Here’s the deal, […]
A couple of years ago I wrote a screenplay for a short film. It then got made, by Growing Brain, thanks to the outrageous talents of director Alex Scott.
You can now see it on PooTube.
You can call it Neo-Liberalism, you can call it Thatcherism, you can call it Reaganomics. By whatever name, the doctrine that free markets can by themselves effectively organise our economic resources has been dealt a mortal blow over the last few weeks.
Multinational banks, the very pinnacles of the free-market economy, have been revealed as poor […]
Lately, as I am back in Adelaide, I take my dogs for a walk every day.
I have noticed that they don’t seem to be aware of the leashes that they are wearing as they walk. The leashes are always there, every time they walk, controlling how far they can wander. This has been the case […]
I sometimes think that the main substance of life is our battle to defeat creeping anxieties. Creeping anxieties that sometimes begin galloping; and I am convinced that almost all of us live like this. Tranquillisers, sedatives, barbiturates, are of course one way to do it. Buddhists have developed sophisticated techniques for doing it. But most […]