Hi Scott, You are spot on. One point I will add is that many people use their accountant as an informal advisor. Whilst for small matters it may be appropriate, for larger investments it's better not to be "penny wise, pound foolish"

On Scams and scoundrels: 10 tips to mitigate investment risk -

Thanks for the comment Jack. Feel free to pass this article along to any professional advisors you may know. The better informed people are, the more beneficial it is to society as a whole. In terms of evaluating advisors, I refer you to point 2 (2nd opinions); and in particular to the part around transparent disclosure of incentives. In addition, I believe that independent advisors would have a broader range of investments to choose from. In my slim experience, most professional advisors do have genuine care and regard for their clients' financial well being however, human nature dictates that incentives can sometimes overcome this along with the occasional 'bad apple'.

On Scams and scoundrels: 10 tips to mitigate investment risk -

Hi Michael, thanks for your comments. We are aware of the past ownership of the Bronzewing Hub by Great Central Mines. We note during the time of their ownership, that the gold price was very depressed relative to their production and sustaining capex costs. We feel Echo benefits substantially from the past capital expenditure contributed by the former owners of the Bronzewing Hub.

On Is this the ASX's cheapest gold developer? -

Hi Con, thank you for your comments. Accurate assessment of taxation is complex, especially within the resource space, and beyond the scope of this article. Our estimate is intended only to highlight that there is some inherent value in these tax losses should the project proceed to production.

On Is this the ASX's cheapest gold developer? -

Thanks for your comments Michael. It's our opinion that any potential acquisition of EAR would fit in with NST's strategic plan to consolidate the Yandal gold belt over time.

On Is this the ASX's cheapest gold developer? -

Nice read Matt. I would add an additional point: the 'false start' where a company may appear to be at or past the inflection point; but ultimately underperform. Example: SAAS themed, ASX listed companies in 2018

On The Hidden Power of Inflection Points -

Hi Ben, Thank you for sharing your thoughts, our next post will be on the shortcomings of traditional valuation techniques and how an individual can potentially value growth companies.

On How does scalability drive strong returns? -

Thanks for your comments Simon, we agree broadly with your sentiments. Interestingly, Berkshire have invested recently in an emerging market payment platform, so it appears that they're beginning to recognise the value of owning a scalable business.

On How does scalability drive strong returns? -

Alex, Dean has picked this company superbly, with great foresight. Your comments do indicate the degree of ignorance of the company's business model held by the wider investing public; which ultimately will benefit those who do understand the nuances of their business model.

On Afterpay: Silencing the doubters -

Good article Jonathan, I would also add the potential impact of externalities in the 12 categories of debt above. For example, the potential of US student debt to become discharge-able in bankruptcy etc.

On The Dirty Dozen Sectors of Global Debt -

Great suggestions Rodney; they are all very relevant to the long-term success of a company. However, we believe that the location and specific attributes of a deposit are unique and hence the most important piece in the puzzle. Patient, long-term capital and competent managers will always be attracted to great deposits in good locations; whereas a sub-par deposit in a marginal location may only be economic during certain periods in the commodity cycle, making it a far riskier proposition.

On The metal you can't live without -