Archive for the ‘Business/Investment’ Category

The truth can be harsh

Respected business journalist/commentator Rod Oram’s assessment of the collapse of the HUGE South Canterbury Finance and supremo Allan Hubbard’s role in the demise is less confrontational than Bernard Hickey’s Please say sorry and thanks ‘open letter’ piece — but in its way, just as scathing. Failing to respond to criticism has become one of the […]

Please say sorry, and thanks …

I don’t know enough to make a judgement about Allan Hubbard, and I point to this only as an example of a journalist, in this case, publishing his (strong) personal opinions … I find that refreshing and encouraging because it’s clear he’s based them on his own considerable research and experience. Good on you Bernard. […]

When ‘gurus’ attack — HOW you do it is important

From a review of The Snowball: Warren Buffett and the Business of Life … It’s full of tips and advice but the one I like best comes from Buffett via Dale Carnegie, author of How To Win Friends and Influence People: “Criticism is futile, said Carnegie. Rule number one, don’t criticise, condemn or complain.” … […]

The future of publishing?

I had the pleasure a week or so ago of accompanying one of my authors Olly Newland on a visit to the interest.co.nz offices. The Auckland-based e-publishing business seems like a success story by any measure. Its nearly ubiquitous host, journalist Bernard Hickey provokes ALL sorts of comment — good and bad — on a […]

Lessons about lying from ‘expert’ Dean Letfus

Last week in my post about Tall Poppy syndrome being the last refuge of the scoundrel I mentioned property spruiker Dean Letfus’s apparent reluctance to answer criticism … What I DO find interesting, however, is that the spruiker in question, Dean Letfus, doesn’t actually answer my criticism — of (a) his marketing methods, (b) his […]

Godwin’s Law (again)

Godwin’s Law strikes again… What an arse, sorry, billionaire investor arse.

Hyperbole and puffery — that’s your DEFENCE?

Lawyers for fuel giant Shell facing misleading advertising charges have told a court in Wellington that claims in their advertisement for petrol containing an additive ‘designed to take you further’ were “hyperbole and puffery” and they didn’t expect anyone to believe them. (Source: Radio NZ News) RNZ Court reporter summarising Shell’s statement of defence: “The […]

Plagiarism as a business model

What’s coming up for discussion with the new media/old media/social media/internet marketing debate is: how important is ‘original material’? It’s an issue not just for the Rupert Murdochs of the world: original, quality content for news media — actually any media — is expensive to produce on anything like an ongoing and quality basis. It […]

Let’s head ’em off at the pass!

Even more on ad-blockers I was reading over at The Unofficial Apple Weblog, about a new extension for the Safari web browser which ‘cleans’ a lot of the extraneous material from around You Tube videos. Naturally, I’m not the only one annoyed by the ‘creativity’ You Tube’s owner/operators Google engage to interrupt my viewing pleasure. […]

Tall poppy syndrome: last refuge of the scoundrel?

Is a claim of ‘tall poppy syndrome’ the last refuge of the scoundrel? (Yes, I know that’s supposed to be patriotism. But how about it? Or perhaps it could be claims of religious virtue?) Here’s a typical definition of the ‘syndrome’ … Tall poppy syndrome: a social phenomenon in which people of genuine merit are […]

Kieran Trass: “I was lied to by ‘locusts’ ”

Judging by his latest informercial/newsletter, Property Guru/Property Genie Kieran Trass is not a happy camper … in fact he now says he ‘strongly regrets’ his involvement in a Spruiker Express-type seminar, presumably NZ Property Gurus which we discussed here earlier this year. It’s an interesting read, as you’ll see. I’ve left this extensive quote out […]

Pattern recognition

An ADHD friend of mine, a medical doctor from New York, once described medical diagnosis as ‘pattern recognition’. That’s why, he said, a competently written computer-based questionnaire can actually be more effective at diagnosing medical conditions than a human being: because the computer will ask ALL the relevant questions, not skipping some that don’t seem […]

Impressive

Blimey! Kiwi super hacker wows Vegas By Alice Neville | NZ Herald Thursday Jul 29, 2010 Kiwi Barnaby Jack wowed an American crowd this week by making cash spew out of an ATM machine like magic. But although he was in Las Vegas, Mr Jack is no magician – he’s a super hacker. … A […]

Ode to a whistleblower

I’ve only met Bruce Sheppard once — at a Howick school gala one wet Saturday, but I’ve read his columns and long admired his outspoken advocacy for small shareholders. Now, apparently, he’s been snaffled up to be part of the new Financial Markets Authority’s establishment board and is leaving the Shareholders’ Association. Sheppard said he […]

Tumbleweed Dean Letfus pitches the next ‘goldmine’

I take no satisfaction in being proven right (again) about ‘Tumbleweed’ Dean Letfus, the itinerant get-rich-quick spruiker who from time to time features in these pages. I observed earlier “He seems to flit hyperbolically from one cash flow generating event (for him!) to the next without much regard for consistency …” This afternoon a friend […]