Attached please find The Big Picture #100, in which some of the self induced threats to Australia are clarified and in which the last 2 weeks’ news is organised and linked as you like it, remember that in Monopoly, it’s not smart to sell off all of your assets.

Maybe government should be forced to play Monopoly.

Getting to 100 has been a big effort and I was going to produce a special edition to mark that. Instead I’m suddenly confronted with a mass of work that prevents me from investing more time in this edition.

Thanks for sticking with us over the last 100 issues and I hope that you get value from The Big Picture and that it helps you to appreciate what is happening around us.

INVESTMENT THOUGHT: If the A$ is high against other currencies, maybe it’s time to buy undervalued stocks in those currencies?