TPN Podcasts for Week 37, 2019

Based on an email from one of our QAV Club members, this week Tony shares his views on the various investing tax structures. We also talk about how we’re managing the dummy portfolio. And in our QAV Club analysis section this week, we’re looking at IFN.

Americans were told that the invasion by North Korea was a total surprise. It was positioned as another Pearl Harbour. But this isn’t exactly true. They must have known it was coming and when it was coming. They just chose to ignore it. Why? Who stood to benefit from the invasion?

The death of Agrippina came soon after that of her son. There are more majestas trials, trouble with the Parthians, and, despite the assurance from his favourite astrologer that he had many years left, Tiberius addresses his own mortality. With Drusus dead, the only remaining heirs to the throne were Gemellus, son of Drusus, and Gaius, son of Germanicus – aka Caligula.

After Mao died in the mid 70s, Deng Xiaoping argued that a country can’t jump straight from feudalism to socialism, and he started to reform the economy, by setting up experiments which involved loosening the controls on the market.

TPN Podcasts for Week 36, 2019

It’s reporting season and Tony is EXCITED. On this week’s show we talk about the cause of CRN’s sudden decline, and analyse two companies – BHP and QAN. We are also adding quite a few additional stocks to our dummy portfolio based on Tony’s private analysis.

Born 1401 as Tommaso di Ser Giovanni di Simone, “Masaccio” (his nickname) was regarded as the first great Italian painter of the Quattrocento period of the Italian Renaissance. According to Vasari, he was the best painter of his generation. The first painter in the Renaissance who really understood linear perspective. He died age only 26, in 1428. “Masaccio,” said Leonardo da Vinci, “showed by perfect works that those who are led by any guide except Nature, the supreme mistress, are consumed in sterile toil.”

Tiberius runs amok. Usury runs rampant. Drusus chews the stuffing.

There’s been lots of talk in the media about Trump’s trade war with China. One aspect about it that I find interesting is that I never see any talk, in this context, about the fact that China is a Communist country – a Communist country that seems to be a major economic threat to the USA, the world’s leading Capitalist country. Didn’t the West win the Cold War? So over the next few episodes we’re going to be trying to understand what’s going on with China’s economy. Are they Communists? Capitalist? Or something different entirely?

TPN Podcasts for Week 35, 2019

This week on TPN: 

On our podcasts this week we talked about the impact of the US bond market’s “inverted yield curve”; how the USA imposed “freedom” on South Korea; the influence of Fra Angelico and Pope Nicholas V on the early Renaissance; all of the horrible things Tiberius did in his sex palace and the bloody purge he carried out in Rome; and how the “Propaganda Model” works in the internet age. 



Tony talks about his view on the US bond market’s “inverted yield curve”, and his policy for investing before and during a market downturn. For our club members, Tony then analyses TWO companies this week: Beach Petroleum and Bell Financial Group.

In the South, despite claims of “freedom”, the US administration shut down the KPR, the ‘Korean People’s Republic’, a popular political party lead by Yo Un-hyung, and closed down the most prominent Seoul newspaper that was sympathetic to the KPR. Meanwhile the free market introduced in the South lead to a 3000% spike in rice prices as people engaged in speculation and profiteering. So the US then cancelled the free market. The UN decided to have a nationwide vote for a new government of Korea. The North and other parties refused to participate until after unification, but the vote proceeded anyway. And the constant skirmishes on the 38th parallel finally lead to war – but who started it is still debated to this very day. 

Born Guido di Pietro but known to us as Fra Angelico which means the “Angelic friar”. Despite his early talent for painting, at age 12 he entered the Dominican order and spent the rest of his life in convents, painting their walls. Admired by Cosimo de Medici and extremely influential to the early Renaissance artists, he was one of the first to start to incorporate linear perspective.
We also talk about Pope Nicholas V, the first humanist Pope. Born into relative poverty, he spent most of his adult life in Florence as an assistant to an Archbishop and a Pope, while hanging around with the humanists, until his surprise election to the top job. He decided to Make Rome Great Again, by bringing as many of the top scribes, translators, architects, painters and sculptors to work for him as he could ge this hands on – including Fra Angelico and Leon Battista Alberti. He’s also the guy who created the vision for the modern Vatican Palace and the Vatican Library.

We go into more detail about Tiberius’ sex palace than you ever wanted or needed to know. Honestly, you’ll probably regret listening to this episode. Maybe skip this one if you have a sensitive disposition. Who am I kidding? We weeded out the pussies a long time ago. With Sejanus gone, and his betrayal having cut Tiberius to the core, he goes on a massive purge that terrifies Rome for several years. 

The plan this week was to interview Alan MacLeod about his new excellent book “Propaganda in the Information Age” but he missed the call, so we talked about it without him instead. We’ll get him on next week for a follow up. The book is an internet-era update on Herman and Chomsky’s 1988 classic “Manufacturing Consent”, and the new book opens with an interview Alan did with Noam recently. I recommend reading both the original and the new book if you want to better understand how corporate propaganda works in Western democracies. On this episode we talk about the Chomsky & Herman’s “five filters” and I break down a few recent stories in the US media.