Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
AM EST Thursday, January 18, 2007: Some preliminary
conclusions. I like Australia. Well-managed, lots of commodities to export,
a terrific self-managed citizen pension plan which is force-feeding billions
of new money into the stockmarket each year. I like my Vanguard Index All Australian
Shares Fund -- Ultra low expenses. Nice growth. It reflects the S&P/ASX
300 Index which has about 300 Australian shares and represents over 94% of the
value of all Australian-based companies and property trusts listed on the Australian
Stock Exchange. For more, click
plus with Australia. It has oodles of tiny mining companies. They make great
speculations. While I was there, there was a boom in Australian uranium stocks.
I visited the management of Kagara (KZL). I continue to be impressed,
though the stock has come back a little. I'll have some names tomorrow.
commodities boom is over -- i.e. it's hard to see prices rising further. But
prices will stay high enough to keep mining profits buoyant. Good opportunity
to pick up cheaper mining companies in coming weeks.
not hot on New Zealand. It's a gorgeous place. But it's too small and the economy
is too reliant on agriculture.
best travel tips:
+ No plane sports a decent pillow. That's why
you must carry the Duxiana Travel Pillow. Perfect size. Perfect softness. Nestle
your head in this beauty and most of the airline engine noise will disappear.
You'll get some sleep. I love the packaging. The pillow compresses to one-third
its space, making it easy to stuff into a bag. Well worth the $100. Call 214-739-8133
Great packaging. Remember not to leave the pillow behind. Hint: Ask Sarina for
a pillow case in an unusual color.
+ Most places now have broadband Internet. Hook your laptop up in a hotel, airport
or an Internet cafe. But there are quirks. All will let you use browser-based
mail, e.g. hotmail or gmail. Some will let you download your Outlook POP3 mail,
but won't let you transmit. Key: ask for their SMTP server and change your settings.
+ Apple's iPod is a travel must. Listening to your music blocks out irksome
airport and aircraft noises, even makes waiting a little more tolerable.
+ You don't need half you pack. Pack a week early. Then progressively remove
items. There are laundries overseas. Some even have soap.
+ Don't believe what the airlines say about baggage restrictions. Airlines are
quirky. I took too much onboard. My bags were too heavy. But no one said anything.
I was stupid. I took too much.
+ The airlines didn't once lose our baggage. They even handled inter-airline
transfers. I'm sure they would have lost everything if I hadn't burdened myself
by carrying onboard enough clothes and stuff to survive a week.
+ Economy is genuinely horrible on most airlines, especially American. Do whatever
you can to get into business.
+ Jet lag is irksome. You can get it going west or east. But you typically get
it going east. There's nothing you can do about it -- despite all the potions.
It goes away eventually. Don't make important decisions while you're jet lagged.
suddenly much worse: Many ISPs (Internet Service Providers) are now
arbitrarily rejecting your email because it's "spam." That means that
many of your customers and friends can no longer reach you. You need to check.
I asked my ISP to remove all his spam filtering on all my accounts. I said I'd
prefer to have Outlook do the filtering. This way I can still eyeball what's
"spam" and make my own decisions.
An airline pilot hammered his ship into the runway really hard. The airline
had a policy which required the first officer to stand at the door while the
Passengers exited, smile, and give them a "Thanks for flying our airline."
In light of his
bad landing, he had a hard time looking the passengers in the eye. Someone would
have a smart comment. Finally everyone had gotten off except for a little old
lady walking with a cane.
She said, "Sir, do you mind if I ask you a question?"
"Why, no, Ma'am," said the pilot. "What is it?"
The little old
lady said, "Did we land, or were we shot down?"
This column is about my personal search
for the perfect investment. I don't give investment advice. For that you have
to be registered with regulatory authorities, which I am not. I am a reporter
and an investor. I make my daily column -- Monday through Friday -- freely available
for three reasons: Writing is good for sorting things out in my brain. Second,
the column is research for a book I'm writing called "In Search of the
Perfect Investment." Third, I encourage my readers to send me their
ideas, concerns and experiences. That way we can all learn together. My email
address is .
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