B.\s Bolyn

@aleaguemen ladder prediction 24-25 @SydneyFC @wswanderersfc @gomvfc @AdelaideUnited @MelbourneCity @fc_auckland @WgtnPhoenixFC @CCMariners @NewcastleJetsFC @mfcbulls @wufcofficial @brisbaneroar @PerthGloryFC #aliga #aleague

@thenichecache Is the commentary from the Celtic channel or something? It’s not the SPL broadcast, right?

In addition to his goal, here are all three instances of Elijah Just being on the wrong end of yellow card challenges vs Celtic... plus his own booking for good measure (ignore the heavily biased commentary) His coach said after: "It looks like he's been at war" #FlyingKiwis

@Sachk0 At Suncorp Stadium of all places too. Where are all the heavy handed seccos!

Football in this country would cease to exist if this happened at an A-League match 😂💩

@toy59496 Great summary and insight - thanks for sharing

Business Summit Sydney So I spent the last 2 days at the AFR Business Summit in Sydney. I go each year just to make sure I have my finger on the pulse given I tend to work in isolation like Warren Buffett hiding in his office but perhaps not with the same results. I noticed this year I wasn't invited to the dinner so my star must have fallen relative to last year. I mean don't they know who I am?!! In any event there were some pretty interesting talks some of which I will itemize for people's interest, although much of it has already been described in the AFR... I should upfront give a special shout out to the Chanticleer guys who are without doubt the best interviewers in the room... Keep it up... 1. Ryan Stokes - this is the first time I've seen him talk, and I was surprised to discover that the man is a total gun. He had a good working understanding of finance, economics governance, productivity, and most importantly what makes a business both valuable and successful - he was definitely the smartest man in the room. I asked a question about Bluescope (thinking of you Jeremy @puppyeh1 ) and he was clear that a best and final offer means a best and final offer, which is impressive because it means he is conscious of protecting capital and not buying something at any price which might occur with an empire building executive that has no equity (no agency problem here). He was asked why he seeks acquisitions in public markets rather than private markets and the answer was an exercise in good sense in that he prefers transparency into generally efficient markets but with the occasional price dislocation for him to take advantage. You can tell he's not a fan of illiquid markets with poor information and uncertain valuations. So he was the surprise guest.... 2. Andrew Forrest - yes, Australia's richest man attended, and gave us some insights into the unit economics of clean energy. He claimed that even without considering the ESG component that if he wanted to create a source of energy for his company that clean energy requires half the capex of conventional sources of energy, and once it is set up, especially solar, there are no further input costs other than maintenance. It was a fascinating argument on the face of it and yet I'm not sure the audience was convinced when we are all confronting high energy costs. 3. Barnaby Joyce - his perspective on energy was a little different saying our sovereign energy advantage is coal and gas which we have squandered with the result that energy is incredibly expensive. He said people talk about the AI revolution but it's fantasy given the absence of water and energy to support that in Australia. He implied the liberals were doomed to purgatory unless they come up with some sort of preference swap arrangement with One Nation and I have to say I was convinced. Afterwards at lunch I had a chat with him because it seemed people weren't lining up to have that conversation, so I suspect it was a bit of a tough crowd. 4. David Solomon - so the head of Goldman Sachs was there in person which is a remarkable coup for the AFR. He was also interesting and made the thoughtful observation that even if inflation does rise, which you can kind of tell he expects, that at least from the point of view of Goldman Sachs it won't matter if their return on investment is even higher, say 3% higher than the inflation rate, so the nominal rate of return is still good. That's quite true for us financial types but is probably not very reassuring for those mugs on a fixed wage. It also reminded me of the Weimar Republic where stocks went wonderfully right up to the point that they did not...maybe they are all blind. Don't they read financial history? 5. Michele Bullock - the RBA governor talked to us yesterday and delicately tiptoed around the rampant fiscal stimulus by the government and the RBA's futile attempt to reign in the risk of inflation with basically their single lever of interest rates. She provided a laughable graph of modelling of future inflation predicted by the RBA which had an implausible envelope given the current fiscal bleed and recent history. She would have been better to simply give the standard deviation from the last 6 years or just say "I don't know". But it is important to remember that she has limited control over demand, and much less control over supply which is with Chump Chalmers. It reminded me of 2020 when I told Philip Lowe inflation would be rampant, but no no, it was going to be less than 2% because forward guidance provides cognitive feedback on the spending patterns of society. Sure it does... 6. Howard Marks - The legendary Oracle tuned in for a zoom conference and discussed the impact of AI on finance. Everyone should read his memos, I certainly do. He also pointed out that credit spreads are incredibly narrow given the volatility of the world and that there is no doubt that credit is being offered with weak or absent covenants which is typical of a late stage credit cycle before it all goes to hell. You can tell that oaktree is not being so cavalier with their credit. This was a point made by other guests as well. 7. Malcolm Turnbull - I was always a fan of Malcolm Turnbull, he was one of the few people that wrote to me in person before he became PM, and as usual he had some interesting insights. The key words he used was "sovereign exceptionalism" which means the US can go do what it damn well pleases, with the notable exception of bullying China who had a stranglehold on rare earths, he said that little event last year would have been a bit of an epiphany. You can see he laments the passing of a rule-based order, and like many people doesn't quite realise that it is has passed... I think "sovereign exceptionalism" is going to stay within the lexicon. 8. Danielle Wood - head of the productivity commission was there... Who did a great deal of good in her reports right up to the point where she thought it was sensible to tax cash flows... Bran Black of the business council, who didn't invite me to the BCA dinner (!), pushed back on that one. I don't think individuals like Danielle Woods or Chump Chalmers have actually run a business. 9. Catherine Livingstone, Chair, Pacific National - I'm going to mention this lady particularly as like Ryan Stokes she was a bit of a gun. She pointed out the saying "improve productivity" is like telling someone to "get healthy" , it's an endpoint, not an action plan. She said behind all of that there needs to be the structural changes to actually allow that increased productivity to occur, which is something basically said by Ryan as well. Someone I would have liked to hear more from, hint hint, AFR... 10. Ross McKewan - BHP chairman basically had the courage to pull the genie out of the bottle and say what the hell is going on with the NDIS?!! Some particularly insightful perspectives on that were made by a few others as well. We all know it's ridiculous, we all know society has developed a childlike dependency since Covid, and we all know it has to stop...before all us rich bastards move to Singapore. 11. Chris Lehane, Chief Global Affairs Officer, OpenAI - I'm going to mention him particularly because he pointed out that 50% of adult Australians are using ChatGPT regularly but only 5% are advanced agentic users. That gave me pause to think given I have a subscription to all the AIs... Was I in the 5%? It's also reminded me of Howard Marks who had to rewrite his memo because it was already out of date with only 3 months in the AI revolution. The pace is incredibly fast. 12. A few others were there, Shemara Wikramanayake, Matt Comyn, and Vanessa Hudson - all of whom had sensible things to say, and it's pretty impressive they are regular attenders. Shemara and Matt always make time and it's a testimony to their calibre that they do so. I still haven't figured out Vanessa Hudson, I'm not sure her gears are quite as smooth as the other two... But I may be negatively disposed as I wrote to her last year to question why a member of my family who has basically paid to build the Chairman's Lounge with so many flights is not a member. 12. The AFR - the hidden gem here is that the AFR actually puts this together every year, it's quite amazing, except for that dinner list that I was somehow missing from... I think the AFR is actually a sovereign asset in facilitating these connections. @FinancialReview @amacfirst @MrJThomson

@Atticus4All4 @KaterynaLis Shut up Russian bot

@KaterynaLis Yes, you should know Zelensky. You use enough of them on your own people to gain world sympathy, fame and fortune. Hopefully you will soon be removed from office. The Ukrainians will rise up against their warmongering leader.

‼️ZELENSKYY: MIDDLE EASTERN PARTNERS WILL FACE A SHORTAGE OF AIR DEFENSE. THEY’RE USING AIR DEFENSE AGAINST SHAHEDS. THERE ARE FAR MORE DRONES THAN MISSILES "If there's a long war, there will be a shortage of air defense. Middle Eastern partners will have a shortage of air defense then. You see they're using air defense against Shaheds. This shows that, well, look, there aren't as many missiles as Iran has drones, probably, so either way the consumption is very high. And so yes, these are risks for us, certainly, in terms of quantity. We haven't received any signals yet about program cuts, but we ourselves, thank God, can think logically and understand what the risks might be", - Zelenskyy on Mon, Mar 2nd

@AdamCrafton_ NBC doesn’t cover the @aleaguemen and @WgtnPhoenixFC , mate

From the commentary on NBC, it seems like the referee is basically waiting for VAR guidance before making a decision here about a red card? Which is the wrong way round?

@aleaguemen @WgtnPhoenixFC Refs might as well hand in their badges and just let the game be remotely reffed from control tower

.@WgtnPhoenixFC thought they had a penalty to open the scoring, until THIS happened 🖥️❌😳 After VAR review, this incident between Rhyan Grant and Kazuki Nagasawa was judged to not be a foul. Stream #WELvSYD live and exclusive on Paramount+ 📺

@SecKennedy Bet he doesn’t take the plates off at the end either

Leg day in Austin.

@exqiztv What an odd and uneducated comment. It’s not even clear what kind of point you are trying to make. Kids need to log off playing FIFA and get realistic when talking about football clubs and finances in NZ and Aus

Serious questions need to be asked about the ownership group of Wellington Phoenix Football Club. 90mil spent in 19 seasons for one decent playoff run. Auckland have spent roughly 40mil in not even 2 seasons

@SkySportsNews English football fans hate being called out don’t they? Brittle bunch

"Stay humble, never forget where you're coming from" 😳 Oliver Glasner has hit back at Crystal Palace fans after recent chants for him to be sacked after a poor run of form 👀

@Toal_O It’s just bao. Why you ordering bun buns?

Turned down the bao buns initially. The people wanted two bao buns. Upgraded the order to include four bao buns. No hesitation. Adapted and unfazed. Man of the people. True leadership.

@jhendy_10 Aside from the bao bun (bun bun) faux pas - immaculate

You can tell a lot about someone by the way they speak to staff serving them

@BenjaminYeezus This 😂 I feel so seen

If there is a more accurate video about the gym. I haven’t seen it!

@Kish_P14 That’s ok. Stay Spursy 👍

I watched this full interview, he’s an amazing speaker but man some of the spin he puts on certain things is insane Acts like we were so close, acts like we were almost getting it right. In fact we were way off. Injuries or not. Just no accountability.

@TimesSport @allyrudd_times lol absolutely clueless and a great example of English football press and punditry going in to back their view of the world rather than any facts

Thomas Frank should be the most in-demand manager in football Down-to-earth Dane is far from the stuck-in-the-mud he has been perceived to be and his future remains bright even after being sacked by Tottenham Column by @allyrudd_times ⬇️ #Echobox=1771092073" target="_blank" rel="nofollow noopener">thetimes.com/sport/football…

@OnlyLJC You mirin?

So sad that the generation of today will never know who was the looksmaxxer to start it all

@ed_holmstrom @SpursArmyTweets Imagine being a spurs fan

@SpursArmyTweets Imagine being a grown ass man & fussing about your hair like that.

#thfc midfielder Lucas Bergvall shows us how he styles his hair. 💈🪮

@TheTottenhamWay @TomAllnutt_ What a bunch of insufferable clueless fans. Take ownership for what you’ve created - always deflecting.

Is Ange kicking Spurs while they're down? #thfc "I remember Ange saying Tottenham were an easy target for the media. Less than a year after he left, it's ironic he's doing exactly what he used to complain about." @TomAllnutt_ New pod! Out now🙌

@NauseamAdz Utter rubbish it’s just good analysis. Take your tinfoil hat off

Contravening the ABC’s legislated charter, PK heaps praise on Angus Taylor with such unconstrained bias you’d think the theft of $80 million of water buybacks had never existed — as though there were no serious questions at the time, no public outrage, no cloud hanging over his record at all. The selective amnesia is breathtaking. If an incoming Labor opposition leader had’ve nicked a packet of chewing gum in his youth, PK would be merciless. There’d be moral lectures about integrity, grave reflections on “character,” and insinuations about whether someone capable of petty theft could ever be trusted with public office. The outrage would be theatrical and relentless. But when it’s a conservative figure dogged by controversy after he stole $80 million? Suddenly it’s soft lighting and glowing endorsements. The double standard isn’t subtle — it’s shameless. As a media representative of the ABC, she has a clear obligation under its charter to uphold impartiality and fairness. Instead, what we’re seeing looks far more like advocacy than journalism. Taxpayers fund the ABC on the understanding that it serves the public, not political favourites. When one of its high-profile journalists appears to abandon neutrality in favour of partisan cheerleading, it erodes trust in the entire institution. She’s abusing her power as a media representative of the ABC. That’s a crime, and it warrants a custodial sentence.

@fullback03 Spurs fans and dudes like this are why the club deserves relegation. Clueless. Spursy

Couldn’t agree more. Summed up Postecoglou perfectly.

@NickStoll This is excellent

Ange on Stick to Football: “Look, I don't care what anyone says, it was a penalty to Berisha,” G.Neville: "Oh, I'm not sure about that Ange. Keane: "You got to ask could Glory have done more there to defend him." Carragher: "Broich was a class above, unstoppable"