Behind every successful man is his woman. Behind the fall of a successful man is usually another woman.
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Dick Smith: The Latest Casualty in a Long Term Trend

Dick Smith: The Latest Casualty in a Long Term Trend

Dick Smith [ASX:DSH] has entered into administration having failed to refinance its outstanding debt. This news probably won’t come as any great shock to stakeholders.
The post Dick Smith: The Latest Casualty in a Long Term Trend appeared first on The Daily Reckoning Australia.

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The Year of the Stock Picker

I don’t think it will send stocks in general soaring. Some stocks will still do well of course. So yes, expect 2016 to be the year of the stock picker.
The post The Year of the Stock Picker appeared first on The Daily Reckoning Australia.

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What the Saudi-Iranian Spat Means for Oil Prices

Saudi Arabia has announced that it’s cutting all diplomatic ties with Iran. The decision comes as yet another blow to regional stability.
The post What the Saudi-Iranian Spat Means for Oil Prices appeared first on The Daily Reckoning Australia.

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Our New Year’s Resolution

We have been discussing how we could be wrong. Today, we reach into the archives for evidence. You will see how we were right…and wrong…in 2008.
The post Our New Year’s Resolution appeared first on The Daily Reckoning Australia.

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2016: The Year Leverage Bites

You think of a highly leveraged company operating when times are good, it will generate big returns. But when conditions change, the leverage will destroy it.
The post 2016: The Year Leverage Bites appeared first on The Daily Reckoning Australia.

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