Posts are going to be few and far between over the next eight weeks as I juggle the business end of my Masters, our US and Australian portfolios and my kids. Sorry darling, you’re going to have to fend yourself  and if you thought I lacked empathy before, well I’ve just dug a trench to set the bar lower.
I’m analyzing ANZ Bank Group Ltd (ANZ.AX) for a risk management assignment and thought I’d post a couple of the graphs I’ve put together. As always click the graphs to enlarge.
This first graph highlights what a slam dunk no-brainer …

“my opinion was that the market was more likely to go up…, but that it was preferable to short it…, because, in the event of its going down, it could go down a lot.”

Data Diary’s look at the cyclical nature of markets.
Australian, US and worldwide equity risk premiums relative to bills and bonds plus real and nominal stock market returns.

Is Woolworths going on sale? Has Elders bottomed yet? Will I ace my first assignment? Time for some Jonathan Richman.

“Beta and modern portfolio theory and the like – none of it makes any sense to me. We’re trying to buy businesses with sustainable competitive advantages at a low, or even a fair, price.”

“How can professors spread this [nonsense that a stock's volatility is a measure of risk]? I’ve been waiting for this craziness to end for decades. It’s been dented, but it’s still out there.” Charlie Munger

14 Guaranteed Tips for Success at University (Grad School)

When someone with two doctorates, shares guaranteed tips for success in academic life, I’m all ears.