/General

Five Years On and Growing!

FIVE YEARS ON AND GROWING! Calnan Flack turned 5 last week – YEAH! Alas it passed without much fuss or fanfare – not even a candle on a cake! Neither Ian nor myself are much for such celebrations, more focused on what’s happening next. But we did pause to take stock of our growth and achievements over the last few years. Calnan Flack has grown, from its infancy as a meticulously detailed vision into what it is today; a multi-faceted client centric Financial Education and Advice company. With complete Education, Investment, Strategy, Mortgage and Property solutions all built upon an ethical, cycle focussed culture. But it’s our people that we are most proud of and what really sets us apart. The people who CHOOSE to work with us – Team Calnan Flack is how we internally refer to everyone. The depth and […] 150
By | 2018-09-20T09:07:39+00:00 September 19th, 2018|General|0 Comments

Bubble Economics!

BUBBLE ECONOMICS! When testifying before Congress Allan Greenspan famously said “Bubbles generally are perceptible only after the fact. To spot a bubble in advance requires a judgment that hundreds of thousands of informed investors have it all wrong. Betting against markets is usually precarious at best.” How do you spot a bubble while it’s occurring? It’s a little daunting if the world’s most celebrated central banker says it’s very difficult if not near impossible to do. But you need to remember that Greenspan is the King of Bubble Economics as William A. Fleckenstein wrote in his book Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve, “Greenspan bailed out the world’s largest equity bubble with the world’s largest real estate bubble.” You see in the above quote from the Bubble King himself, he refers to “hundreds of thousands of informed investors”. But informed investors […] 150
By | 2018-09-21T12:10:43+00:00 January 31st, 2018|Equities, General|1 Comment

1987’s Black Monday, but what did we learn?

1987’S BLACK MONDAY, BUT WHAT DID WE LEARN? It was the stuff movies are made of. White knuckled brokers frantically screaming “Sell, Sell, Sell” – desperately seeking any offer they could. The problem was, there was no one willing to take the other side – not even a whimper of a “buy”. The tsunami of selling wiped a staggering 25% or $65B off the Australian Stock Market in one day. Stunned stockbrokers just stopped answering phones amidst the chaos that surrounded them. It was the era of the corporate raider. The quintessential Fat Cats, riding high and flushed with cash. Borrowed loot – anyone’s cash but their own. Christopher Skase had bloated Qintex. Rodney Adler was wrecking FAI Insurance and Bond had the trifecta, the Americas Cup, Cash and his memory……. Both […] 150

The Most Important Blog of the Year!

THE MOST IMPORTANT BLOG OF THE YEAR! We all have a choice – we can work harder or we can have our money work harder? SIMPLE CHOICE! The rich are NOT richer because they work harder. They are smarter? They are rich because they get their money working hard for them. Everything we do at Calnan Flack is based around the Investment Cycle and the Effortless Advantage – about helping investors like you maximise their economic outcomes. At Calnan Flack we are constantly frustrated that investors continue to work long hours, toiling hard for wages, trying to achieve a sound financial future for their families. Its harsh really – forgoing in excess of 2,000 hours a year from your family, friends and leisure activities. All to go to WORK! And why are you going to work? Its crazy, you spend +2,000 hrs a year at work yet can’t afford the 150

Premierships are Won in October!

Australians love our sport and its Grand Final Weekend! Crows v Tigers               Storm -v- Cowboys What a weekend! But for these teams, their fate of playing in the Grand Final stems from ACTIONS taken LAST OCTOBER…… Ian Flack knows elite sport – he worked in the AFL system for over 25 years. Recruiting, administration and high-performance coaching with clubs like Collingwood and Melbourne. It’s a brutal environment. There are enormous cross overs between Elite Sport and Investing. The need to focus, be resilient and well prepared. The ability to perform under pressure and understand and control your own personal psychology. When working in AFL, one of Ian’s core mantras was “Premierships are won in October”. Sounds kinda crazy when you think about all the hype and excitement that is going on now? The “momentum” that teams bring into the finals, injuries and the 150
By | 2017-10-05T14:57:17+00:00 September 29th, 2017|Cycles, Education, General, Wealth|0 Comments

That was then. This is now!

THAT WAS THEN. THIS IS NOW! Recently, I was shown the most stunning news article I’ve seen for a while – showing you exactly how to benefit from the cycle! You see the other day, Alice, a Calnan Flack Investment Club Member sent me a fantastic link to an article on news.com.au that I think you all should have a look at! Famed economist David Ricardo told us that as a society, when we become more productive and hence more profitable, land with locational advantages would become more and more desirable resulting in the price being bid up sky high. Back in his day, he was referencing fertile agricultural land against sterile barren lands. You just need to visualise rich green pastures with abundant warmth and water compared to land on a backdrop of a dry desert landscape or a […] 150
By | 2018-09-21T13:11:56+00:00 August 18th, 2017|Cycles, Education, General|2 Comments

Rise of the Nano House

RISE OF THE NANO HOUSE Moore’s Law states that computer processor speeds will double every two years, in a similar way Ricardo’s Law (of Rent) explains the continually diminishing size of Hong Kong apartments! The relentless technological advancements that are driving the rise of Nano Computers are also having the same effect on apartment sizes in Hong Kong. You see at $25,000 per m2 Hong Kong apartment space is not small change. It’s no wonder developers are doing their best to extract the maximum profit from their sites by shrinking apartment sizes and building sky high – the Cantillon Effect explains this. (To read about the Cantillon Effect click here). These Micro Flats or as I like to call them, Nano-Apartments, are typically as small as 20m2 and cost $500,000! They can be as small as 11m2 in size, but rent for A$660 per month on less than […] 150

World Monopoly Day

WORLD MONOPOLY DAY Its World Monopoly Day tomorrow! A day for all you capitalist winners to celebrate your financial conquests all over the world. To gloat about how you outwitted, out smarted and darn right just stole your entitlements all the way to your Red Hotel on Mayfair! And just like Elizabeth Maggie, the creator of the original “The Landlords Game” created to promote the views of economic philosopher Henry George upon which Monopoly is based, the thimble will be removed from the game of Monopoly. Will the thimble suffer the same fate as the Elizabeth, banished to the bottom row of history, eventually archived, forgotten, then tossed out with the rubbish? History only remembers the winners – Sorry Elizabeth Maggie, but history remembers Charles Darrow as the inventor of the game of Monopoly. So alas tomorrow like the winner Charles Darrow, we will know which tokens will be remembered. 150
By | 2018-09-21T13:43:38+00:00 March 17th, 2017|General|1 Comment