Mind Food

Art in SMSF? Yes you still can.

Mr Giraffe

I’ve recently started art classes and was chatting with my teacher, Gabrielle Jones, about the state of the Australian art market. I mentioned the impact that the changes to the rules around investment in art by SMSFs had had on the demand for investment grade* artworks.

Like many, Gabrielle assumed that art could no longer be held by an SMSF……
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Help, I've been SWAM'd


If you haven't discovered this delightful feature of LinkedIn yet, SWAM stands for Site Wide Auto Moderation.

The SWAM policy was quietly introduced by LinkedIn earlier this year. Its intentions were good, to prevent recidivist spammers from ruining discussion forums for all.

Unfortunately, the design of the policy is such that it's more likely that the professional, appropriate poster will be caught in its net than any annoying spammer.
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China's new middle class

Three snapshots from China’s next chapter
A new middle class. An urban transformation. An e-tailing revolution. This slideshow details the key trends that will define a new China.
June 2013, McKinsey & Company

“To fully grasp China’s future direction, it is essential to understand its new middle class. A huge wave of increasingly affluent consumers will constitute China’s urban majority in less than a decade. The rapid emergence of this prosperous, digitally savvy, individualistic, and sophisticated class of consumers is creating opportunities and challenges for the companies that serve them. This slideshow looks at this consumer and urbanization phenomenon by the numbers. To understand, for example, how Singles Day—China’s alternative to Valentine’s Day—dwarfs Cyber Monday in the United States in online sales revenue, look inside.”

Glacial Change in Diversity at ASX 200 Companies: Can corporate Australia escape the imposition of diversity quotas?


“….. around 80% of the men appointed to ASX 200 company boards did not have previous or current experience as an ASX 200 board member. This starkly contrasted with the appointment of women where only 57% of appointments did not have previous or current experience as an ASX 200 board member. This may suggest that women need to “prove” themselves more than their male colleagues to be considered for an ASX 200 board.” p4, BlackRock Australia’s diversity investigation of ASX 200 companies’s 2013 Annual Reports
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It's cold, it's wet, it doesn't get much better than this

The perfect comfort food for a miserable day, the Nutella microwaveable mug cake.
Just tell yourself you’ll work it off tomorrow.



nutella-mug-cake Read More...

In 1820, the biggest contributor to global GDP was …..


China, with 33%.
Europe had 27%, India 18% and the USA, a piddling 2%.
Check out this fascinating graph from Kleiner Perkins Caulfield Byers
‘Internet Trends’ Presentation in May 2013.

screen-shot-2013-06-19-at-1-07-27-pm

Can't believe I ever got by without this stuff ….

“Resource is more than just a beverage, it’s a reflection of who you are as a woman in the very deepest and personal sense of your very being … “
And it’s
not satire. Read More...

Shlomo Benartzi - TEDsalon NY2011

Using behavioural finance to encourage saving for retirement.

It's easy to imagine saving money next week, but how about right now? Generally, we want to spend it. Economist Shlomo Benartzi says this is one of the biggest obstacles to saving enough for retirement, and asks: How do we turn this behavioural challenge into a behavioural solution?
Shlomo Benartzi uses behavioural economics to study how and why we plan well for the future (or fail to), and uses that to develop new programs to encourage saving for retirement.