August was a good month for the fund. Particularly in light of a retreating market.

The recent positive bias for the market has mostly continued into August.

There is much in Kipling’s poem ‘If’ that can be applied to investing:

In Leviathan, Thomas Hobbes set out much of the fundament of what the construction of our modern social and political lives has been based.

FY2016 was an excellent year for the fund, at least in comparison to a fairly weak performance from the indices. FY2013 and FY2014 were very strong ones for the Australian market, with a 44.15% 2-year gain. FY2015 and FY2016 have been disappointing, with only a 7.93% 2-year gain. A little extra tailwind would certainly be helpful in generating a larger absolute performance.

Some men they say just want to watch the world burn.

I was given this week to think about beginnings.

I am a huge fan of logic. Insofar as it is possible, I try to ensure every view I hold stands up to logical argument and well considered reasoning. If a qualitative challenge to any position I hold is presented to me I am among the fastest people I know to change my position. But […]

After 7 consecutive weekly rises, the market finally retreated this week.

As mentioned last week, I’m travelling, so don’t wait with bated breath for the usual 500 words of quality prose on topics both interesting and unexpected. Instead this week, I’ve written some poetry.