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Today's quote:

Monday, August 18, 2025

Why do old men wake so early? Is it to have one longer day?

 

 

You may have noticed that I'm quoting from page 20 of Ernest Hemingway's "The Old Man and the Sea", which is all about hardship and suffering, and should perhaps inure me to my insomnia which makes getting up come as a relief.

It's still too cold to go outside, and so I'm waiting for the sun to reach my "reading-chair" by the window, in which I then shall sit, not to read Hemingway's classic novella (it's a comfortable 150 pages), but to listen to the audiobook (if you wish to listen to the quote, forward to 15:20).

 

 

Other than that, the highlight of this week's activities will be tomorrow's release of BHP's results for the year just ended. Not that their franking credits will bring much joy this year, as most of them will be gobbled up by Labor's new "envy-tax" whereby, under Division 296, for the first time ever in our taxation history we will be taxed on unrealised capital gains.

You see, a constant trickle of steady savings combined with the powers of compound interest - which Albert Einstein called "the eighth natural wonder of the world and the most powerful thing I have ever encountered" - would make it almost impossible for any Australian not to enjoy a comfortable retirement, but, no, Labor seems to think that hard work and thrift are not to be rewarded and slaps an additional tax on it. And if you want to argue this point, please see the picture below:

 

 

Anyway, while I've been letting off steam about my pet-hate (which is the Labor Party and its money-grabbing policies), neither time nor the sun has stood still, and both time and sun may be right to relocate to my "reading-chair" by the window to listen to Hemingway's audiobook.

 

 

Maybe there's something allegorical about Hemingway's story. Maybe it's me who's landed that huge marlin, only for it to be devoured by Labor.

 


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