Silas Chou's failed experiment at Thakoon is not the end of «see now, buy now,» but it does underscore the limits of the approach for smaller brands and
the sheer scale of investment and effort required to make it work.
Not exact matches
The speech starts by setting out three key themes
of the Bank's recent communication about Australia's transition from the resources sector boom to more normal economic conditions: that the
sheer scale of the boom means that this transition is challenging, and that the broader global environment compounds the challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and flexibility; and that monetary policy is doing what it can to help the transition, but that the chances
of success would be boosted by a lift in productivity growth and an increase in the expected risk - adjusted rate
of return on
investment.
«It is also interesting to wonder what Ben Graham would make
of modern - day
investment management, both in terms
of the ideas that float around and the
sheer scale of the industry — he,
of course, would have preferred the term «profession» and so might we.