The old adage of ‘the enemy within’ more stark now than at any time in our history, the solutions must come from the 1st world for no other reason than we have the resources to act independently of the problem, will involve compensation from 1st to 3rd and developing worlds, expensive now but cheap when viewed in 50 years time.
Either that or we all get a lot smarter very quickly, thru observation can't see that happening.
Would be interesting to eavesdrop a conversation between 2 extra-terrestrials looking down, studying the state of the natural world 2020 to their last visit in 1980, the confusion evident as they pick up the word ‘virus’ being spoken in fear every 2nd sentence from their communications scanning equipment and wondering why the human species so petrified of itself.
Take above with grain of salt as 75% of the trading unit that is the garage is non-human therefore a tad further along the misanthropy curve than the average STT punter.
The BH caught her 1st fair dinkum wave yesterday, a little 3’ right hander on a secret reef that the hound and I know down here, she was absolutely joyous, letting out a few hoots as she held the line till the very last section when the daughter ‘dropped in’ on her on the bogie board and both face planted in the shore break.
The hound who was on patrol in the area keeping the beach free of his nemesis the dreaded ‘ghost crab packs’ on behalf of the family suggested the level of surf rage that followed hit a new low and would even make the boys on the big Queensland points blush.
Anyway, they didn’t speak to each other on the trip home, and they say the female gender is the future, be careful what you wish for the little bloke and I pondered in silence on the way back.
Don’t know what’s going on but boys in garage have noticed that that girls are best of mates for 95% of the time but the other 5% they want to kill each other, the team at this stage view it as a spectator sport making up for the absence of NRL on the tele, best not to get involved.
Eck our FA newbie has been working on a list of micro-caps we would like a medium / long term association with when (if) emerge to the much quoted ‘other side’, maybe just my scepticism but got a bit of the religious rebirth about it, obviously Scomo understands the value of a good old fashioned crisis to be forgiven past sins.
Have already taken small positions on max fear in the last few weeks in a few; LBL, KME & EOL.
Am confident if not stopped out will be adding more in the future.
EOL is a micro that is supported by good metrics with solid growth profile and excellent IP,
Here’s latest presso, good read and a very good little company with a bright future, has also just reconfirmed guidance for FY20. https://www.asx.com.au/asxpdf/20200221/pdf/44fb43ycfypnj8.pdf
2 others on the list but not held atm are OLL & MDR, these models are much less transparent as at this stage not backed by actual metrics but are in good position to take advantage of changing landscape, worth a bit of FA if that way inclined.
Like most people here though the main game atm is trading the mids or doing nothing at all.
