My Story
Killing the Golden Goose!
Story Setting: We already had two houses in Florida. But, when Mom asked the magic question, “Do you want to buy my house?” How could I refuse? She was offering us her rental property in the same neighborhood; at a great price. It seemed like a no-brainer. Then, for some reason, it just wasn’t working; […]
Swimming Naked in Alice Springs!
“You only find out who is swimming naked when the tide goes out.” Warren Buffet, 28 Feb 2002, in his Chairman’s Letter to the Berkshire Hathaway Shareholders. Introduction In late May 2009 I embarked on a project to have a house built in Alice Springs. I bought into the “New Homes” package being offered locally […]
What Would You Do If You Lost Everything?
Setting: Many years ago I watched an interview featuring one of the wealthiest men in the world. Normally, I wouldn’t have been interested but for some reason I was gripped to the television waiting to hear the man answer each question. He didn’t speak English very well and the lady interviewer seemed to be antagonizing […]
What’s the Riskiest Part of any Investment?
This question came up in a book I was reading. One of Robert Kiyosaki’s books. You know the guy; author of Rich Dad Poor Dad. I’ve read most of his books. His answer floored me. It wowed me. It gave me one of those “ah-ha” moments. Do you know the answer? It’s very simple. So […]
Too Weak To Defend Part 10 – New Adventure: Land Auction
“I was too weak to defend, so I attacked!” General Robert E. Lee talking about the battle of Chancellorsville. Setting: Alice Springs, Australia. November 2009. Convention Centre lobby area. Mt John Valley residential blocks for sale to the highest bidder(s). Who in their right mind would buy land at these prices? Prices starting at $265,000 […]