Professional trader makes big bucks from home
After spending eight years in Asia as NAB’s head of trading Doug Goldsmith returned to Australia in 2005 to assist in re-building the bank’s local and global treasury operations following the institution’s $360 million illegal trading and foreign exchange debacle. Six months later Goldsmith put his extensive experience across all products to the test and…
Broker Recommendations – 6 to BUY, 6 to SELL and 6 to HOLD
Michael Heffernan AUSTOCK BUY RECOMMENDATIONS Origin Energy (ORG) An energy retailer, but also a power generator, gas producer and explorer. It’s been an excellent sharemarket performer since splitting from Boral in 1991. It offers a bright future after selling half its coal seam gas assets for US$5 billion to US based ConocoPhillips in a joint…
Gerry Harvey reveals his personal investment portfolio
Billionaire Gerry Harvey is licking his financial wounds because of the sharemarket crash. He’s a big equity holder and quickly calculates that Harvey Norman’s retreating share price during the past 12 months has stripped more than a $1 billion from his immense wealth. But we’ll chat more about that later. Harvey is chairman of an…
