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When outsiders think about Australian culture, they might think of laid back people defined by sun, sand and backyard barbecues. But amid the widely held stereotype of Aussies, there's a part of our national identity that's often overlooked: our nation's collective obsession with housing. From our airwaves being filled with content like Selling Houses Australia and Location, Location, Location to the millions of trips made by Aussies to the local Bunnings every month in order to spruce up their home or garden, there are few things that can grab our attention as much as our homes. Wh...
Fund Manager: Tech Not Headed For Crash, COVID Setting Up Growth Trends January 21, 2021 Tech stocks may be riding on record highs, with sky-high valuations, but investors shouldn’t fear another Dotcom Bubble crash, according to Terry Smith. Terry Smith is a well-known fund manager in the UK, and has been called “the new Warren Buffet.” Smith’s fund is heavily invested in tech stocks, leading to some concern that he’s vulnerable to another Dotcom Bubble crash. In a letter to investors (PDF), Smith addresses those concerns and explains why he doesn’t believe tech stocks are in jeop...