The so-called Liberal government of Australia is very hot on cutting benefits to the poor, on eviscerating Australia's free national health system, Medicare, while preserving tax write-offs and benefits for the wealthy. It recently emerged that George Brandis, our Attorney-General, spent $1100 on a meal in London. This is Broelman's take on this hypocrisy.
Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.
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