John Killick

The Politics of Envy

Egalitarian – Believing that all people are equal and deserve equal rights and opportunities. (I say Balderdash – we are not equal but equal rights and opportunity – no question. It is a socialist tendency to focus on inequality as elections loom. When polls display a distinct...

Saints and Sales

It was with pleasure that I returned to my roots last week.  In the 1970’s, I was introduced to the “Life Underwriters Association”: the association for insurance agents – run by practitioners as unpaid office bearers.   The only paid office bearer operated from the same offices that...

Formal Risk Management – Is It Just For Business Owners?

Part I

• Successful businesses and business owners are not reckless.  Just as successful investors are not speculators and gamblers.

Both understand the need to mitigate risk.

But business owners also understand the need to continually adapt to change – both internal and external and here lies the...

Buffett & Munger

Buffett:   “The stock market is a highly efficient mechanism for the transfer of wealth from the impatient to the patient”.

Munger:  “It is remarkable how much long term advantage people like us (Buffett and Munger of Berkshire Hathaway) have gotten by trying to be consistently not stupid, instead...

Can Socialists teach Capitalism and captivate the kids?

Last week I suggested a need for our children to leave school with a financial blueprint.  An understanding of basic financial management and the procedures for control, confidence and financial certainty.

A lot has changed since my years in secondary school through the sixties.  What has not changed...