In this episode of Michal Yardney Podcast, I share Warren Buffett’s Ovarian Lottery theory, which highlights how luck plays a role in shaping our circumstances and opportunities. In general when we talk about success, we focus on hard work, talent, and determination, but Warren Buffett points out that luck plays an equally important role. The…
When it comes to happiness, some things will make people happier than others. The same is true for success, which is unique to every individual. Some people will define success through business acumen and achievement, while others search for satisfying relationships on their path to a successful life. Likewise, happiness can be derived from a…
The Australian property market is once again proving its resilience, but this time, it’s not the usual suspects like houses or premium properties driving value growth—it’s apartments. According to new CBRE research, new-build apartment prices are forecast to grow 23% by 2026 as supply tightens to around 45% below pre-pandemic completion rates over the next…
While the Reserve Bank of Australia has kept rates on hold yet again, the big question is—how much longer will this last? And more importantly, when might we see the next rate cut? With the local economy sending mixed signals, it seems that many economists are finding it increasingly difficult to predict the RBA’s next…
Warren Buffett is known for many things: his reading habits, his philanthropy, his dedication to teaching the importance of money to kids, his business acumen, his wealth, and especially his investing style. He is also known for giving out priceless wisdom that has stood the test of time over the years. After all, who wouldn’t…
We all have an inner voice—a constant monologue that swings between cheering us on and, unfortunately, holding us back. This inner dialogue can be our best ally or our worst enemy. While the positive side of this voice encourages us to strive for success, the negative side can keep us rooted in fear and self-doubt,…
The recent election of Donald Trump as the President of the United States has certainly sparked conversations around the globe. And while the news may seem more relevant to the American people, the implications of Trump’s policies will reach Australian shores, especially when it comes to our own economic landscape. In particular, his proposed economic…
The Baby Boomer generation—born between 1946 and 1964—remains one of Australia’s most influential demographic groups. From reshaping the post-war economy to building the modern housing market, Baby Boomers have been the driving force behind much of Australia’s prosperity and cultural development. Today, even as they begin to exit the workforce, their influence on society, politics,…
There’s an old saying: “If the only tool you have is a hammer, every problem looks like a nail.” When it comes to Australia’s housing shortage, many policymakers seem to be wielding that hammer, believing that the solution is as simple as building more apartments. But let me tell you, it’s not that straightforward. Sure,…
It looks like we’ll have to wait longer for rate cuts Westpac has revised its view of the most likely scenario for the path of the RBA’s cash rate, pushing out the start date of the RBA rate-cutting cycle from February to May 2025, but more front-loaded than previously assumed. This adjustment aligns with the…