Wry & Dry #3, FY-24: Through Dan’s eyes. Ski lodges. Superannuation funds fail.
Anthropologists believe there may be tribes living in the farthest reaches of New Guinea who have yet to hear that Chairman Dan has cancelled the state of Victoria holding the upcoming Commonwealth Games.
Out with the old, in with the new
There has been a significant period of de-equitisation in the Australian equity markets in the past couple of years. Our portfolios, and performance, have been the beneficiaries of this phenomenon. Several stocks we own are subject to takeover bids: