Renting Rent-Seeker
14K posts
Renting Rent-Seeker
@climate_is_ok
Kiwi in Australia. Congolese + Taswegian tin baron. own a few copper names
AU NZ Katılım Ağustos 2019
137 Takip Edilen520 Takipçiler
@WSJ @WSJopinion @Pozen I'm 100/0 (in my retirement accounts). Have been for 27 years.
If you take my entire portfolio 91/9.
English
From @WSJopinion: You’re probably overinvested in bonds. The usual advice is to hold only 60% of your assets in stock. If you’re wealthy, a 90/10 split is far better, writes @Pozen.
on.wsj.com/4v5gCZ7
English
@plate_class @dpfdpf About 11.6 million from royalties. Pretty pathetic really. But there are people paying taxes and all that but still its a pittance.
English
@grok what percentage of produced gold export revenue is received by the government in the form of tax and royalties? Can you also give estimated dollar amounts based on latest export total amount of $2.32 billion nz dollars.
Also give an estimate of the second order addition to gdp from economic activity associated with the gold production.
English
Never mind about the Rolex… had no idea buying one was like buying a Ferrari, where you have to beg, jump though hoops and then buy products you don’t want to get the one you do want! 😂
thought it would be fun to own, but would much prefer to just order something on a website (like a Tesla!) and be done with it.
These retail and reseller channels make things far too time consuming
Is there a nice watch I can just… order?
@jason@Jason
I would like to purchase this @ROLEX
English
Australia has rejected nearly half of all Indian student visa applicants this year, along with 57% from Nepal and 41% from Bangladesh.
noticer.news/australia-reje…
English
@RonShamgar Looks like the shorts are covering today 👍
English
All true but I wonder if the shorts cover now? It’s 14% shorted
(No position)
BowTiedStocks@bowtiedstocks
$GYG.AX Guzman Gomez is exiting the US market Incredible they learnt their $20 slop bowl Aus-mex offering couldn’t compete in a country with well established Mexican cuisine What does this do to their growth story now? That IPO was sold to mug retail bagholders on the basis that US dominance was assured 😂
English
Wellington's increasing reliance on jobs outside the private sector over the past 25 years really stands out compared to the rest of New Zealand.
English
@G_Davidson_NZ @cunningreyfox @PronouncedHare Many of these people didn't even buy a ticket in the lottery of life.
Why should unmotivated losers be given stuff?
English
@cunningreyfox @PronouncedHare I’m not prepared to debate an obvious slur on the impoverished.
No one on a low income has “won” anything.
English
Net migration down 82%.
Net migration is now at 171,000, down from a high of 944,000 under the Conservatives.
This Government is restoring order and control to our borders.
English
So…. Absolutely no progress at all on anything
العربية عاجل@AlArabiya_Brk
مصدر إيراني لـ رويترز: لا يزال تخصيب اليورانيوم ومضيق هرمز من بين نقاط الخلاف #العربية_عاجل
English
@complex_maths @DerekFranc90653 Imagine paying for premium X and not an AFR subscription
English
And for good measure, AFR has just posted a second article. Can i ask you all to distrubute this article far and wide.
afr.com/politics/feder…
English
@nzfirst Government owned supermarket chain next policy from NZF 🤡
English
Winston Peters: They still want to continue this neoliberal stupidity as though the idea of owning your own bank is not a good idea
English
Renting Rent-Seeker retweetledi
20 years ago, Peter Costello delivered a budget that boasted no debt, a cash surplus, big tax cuts, and investment in a future fund.
There was no interest bill, and tax rates were falling fast because we were debt free.
This year, Jim Chalmers delivered a budget that boasted a gross debt of >$1 trillion, a $42.1b deficit, CGT, negative gearing and discretionary trust tax increases, plus deficits of $179.5b for the forward estimates.
Interest on debt is the fastest growing major payment in the budget.
From surpluses and tax cuts to trillion-dollar debt and entrenched deficits.
How fast we’ve fallen.
English
@Pete__Panda Existing miners have niobium covered for the foreseeable future 💀
English
Stock tanking cause we sipping a $25 Lassonde cocktail:
- Rough Aussie market weather
- Middle of nowhere: Logistics fear spiking
- They fail to give the market more guidance on catalysts
Financial Failings@FFailings
it puzzles me that $WA1.AX #wa1 still cannot tell us if they are currently doing a SS/PFS/DFS, and if so, when they expect that to be complete, and other key timeline events such as when they expect to be in construction and then in production.
English
Clare admits she fixed nothing
Clare O'Neil MP@ClareONeilMP
Housing is a complex and difficult problem that's been building for 40 years. The idea that you can solve it quickly and easily - it's just disingenous. But we’re focused on a comprehensive approach that is tackling the problem from every single angle.
English
@ironic_capital I am sitting on cash and am in desperate need of some boring stuff. Nothing stands out so I'm just sitting out the game at the moment. A fat pitch will come along eventually, always does
English
@climate_is_ok That's a solid buy. Yeah agree, it's more just a nice stable boring compounder in the super. Can't be worse than cash.
And I need some boring stuff...
English
Got to love Dalrymple. +8.1% TIC increase with captive customers, customer financed capacity increases and a market that isnt fully convinced on coal.
Harder to buy at $5+, but always surprises to the upside. Perfect for super funds
Have to thank the pricing power bro's for this one.
$DBI.AX
English
@MrKRudd How has your liver withstood all of the alcoholism? Truly incredible resilience.
English
If I’ve learnt one thing in life it’s the importance of human resilience.
English
@JosephMooneyMP Wait until you learn about the Germans 'thin air tech' in WW2
English
I love science and technology - who would imagine you could turn thin air into fuel.
This innovation may not stack up due to economics - yet. But if someone figures out a less energy expensive way of doing this it would be a game changer.
eneos.co.jp/english/rd/spe…
Imtiaz Mahmood@ImtiazMadmood
Japan just turned thin air into fuel. No oil rigs. No drilling. No pipelines stretching across oceans. Just water, CO₂, and a process that flips combustion on its head. ENEOS Corporation, Japan's biggest oil refiner, pulled it off at their Yokohama lab. They built a demo plant that sucks carbon dioxide straight from the atmosphere, splits hydrogen out of water using renewable energy, then fuses them through Fischer-Tropsch synthesis into liquid hydrocarbons. The result? Real, usable synthetic petroleum. The kicker: this fuel is "drop-in ready." That means it works in the cars you already drive, the planes already in the sky, the pipelines already in the ground. Zero modifications. They didn't just brew it in a beaker either. They ran actual vehicles on it. It works. Think about what that unlocks. Countries with no oil reserves could manufacture their own fuel using nothing but sunlight, wind, and the air around them. The geopolitical chessboard would flip overnight. Sectors that electrification can't easily touch, like aviation and heavy shipping, suddenly have a clean fuel path. There's a catch, though. The process is hungry. The same electricity it takes to brew one liter of synthetic fuel could push an EV about 200 km down the road. ENEOS quietly shelved the project in 2025 because the economics didn't math out yet. But the science? Proven. The blueprint exists. Someone, somewhere, will crack the cost problem. And the day they do, the oil map of the planet gets redrawn. - @ScienceFocusonX
English