One Place project completed

We all have strengths and weaknesses. One of my faults which is heightened in the “instant” world in which we live in 2023, is a lack of patience when it comes to waiting in line. If you want to really punish me, ask me to stand idly in a queue. I find waiting [...]

Distinguished economists, statisticians and mathematicians often have their name associated with some economic theory, concept or tool. Some examples include Giffen goods, the Nash equilibrium, the Phillips curve and the Gini coefficient. Today, I would like to introduce you to another economic concept - Goodhart’s law. This “law” testifies that social or economic [...]

Marriages and mortgages have something in common - they are both “death pledges”. In a non-secular marriage ceremony, each partner vows to stay with the other ‘until death do us part’. Home buyers who execute a mortgage also commit to a “death pledge”, but not in a literal sense. To explain this, we [...]

Elvis is alive, the Earth is flat and the Moon walks were a hoax. We humans cling to myths even when they are patently false. Our natural gullibility sees us embrace almost any invented story, no matter how unreal. As a Doubting Thomas, I am a natural sceptic. For me, reported sightings of [...]

Making predictions about the future based on past trends is fraught with danger. What lies ahead is rarely a straight-line extrapolation of historical data. Rather, the path to the future bobs and weaves and zigs and zags as unforeseeable factors almost always intervene. This is why managed investment schemes warn investors that “past [...]

I am speaking to you today about Leadership because it is - like an airline pilots check list - critical to review - often. Interestingly, the very sad revelations out of the Banking Royal Commission - and the Aged Care Royal Commission, all speak about a lack of Leadership as well as poor Culture [...]