What it has boiled down to....

"Why don't we refine our own oil in Australia?" Cause we're a red tape nanny state.

“You’re an island nation with abundant mineral deposits and nearly limitless coal, uranium, and natural gas but very little oil?” “That’s right, Dave” “And you’re about to have an energy crisis because you have three weeks of petrol reserves?” “That’s correct, Dave”

Litmus test in one graph

The $PME.ax loan to $4DX.ax — what it's worth today - $10M TO $259M!! On 31 July 2025, Pro Medicus put $10 million into 4DMedical via a secured facility agreement — structured not as a straight equity investment- as a hybrid debt & equity loan - 12.5% interest PA - matures

Watch all-in bills go up...

I mean it never happen but can you imagine if Barrenjoey bought HMC? The ego per mkt cap would be insane

Australia was handed one of the greatest starting positions of any country in history Massive mineral wealth. Abundant energy. World-class beaches. Amazing climate. No fault lines... no earthquakes or tsunamis If you gave a 12-year-old this setup in a civilisation-building

BREAKING: Elon Musk is requiring Wall Street banks working on the SpaceX IPO to buy Grok AI subscriptions Some banks have already agreed to spend tens of millions and started integrating Grok into their IT systems The IPO could generate $500M+ in fees

The best way I can describe investing nowadays is that a giant sinkhole opened up in the town of Moatsville: Every home people tell me is on sale seems to be surprisingly close to the ever expanding sinkhole. Call me a nervous nelly but I for one am glad my investments are

Jamie Dimon is spot on as usual.

The dumbest person you know is being told 'you are absolutely right' by some LLM right now.

I have no idea what will happen in Iran. In that way, I guess I'm similar to Ray Dalio