About Us

 

[A letter from Daily Reckoning Australia publisher, James Woodburn…]

Welcome to The Daily Reckoning Australia. I’m James Woodburn, the publisher.

We’re an independent financial news broadcaster, dedicated to helping Australian investors find unique and exciting investing opportunities.

We do this by looking at the world and markets in a new way…

Finding that nexus point where the best ideas usually sit…

And then lighting the way on how you can potentially capitalise.

Our fundamental goal is to help you become a better, richer, and happier investor.

But along the way, we also help put the often confusing (and infuriating) world of finance into context…

So that you can connect the dots between your bank account, the market, and the decisions made in Canberra and elsewhere around the world.

After all, it’s this deep and integrated understanding that will form the backbone of any effective investment strategy. And it’s why we’re one of Australia’s most trusted financial newsletters to date.

The best way to get regular access to our insights is to subscribe to our daily e-letter.

It’s an entertaining 15-minute read that will set you up nicely for the day and hopefully spark new and profitable investing ideas that you wouldn’t have otherwise thought about.

If you haven’t already done so, simply click here to sign up.

James Woodburn

Publisher, The Daily Reckoning Australia

A philosophy that works

The Daily Reckoning — or the ‘DR’ as it’s affectionately known — has been in the business of reporting financial trends that matter since 1999.

In those humble beginnings more than 20 years ago, we first set ourselves apart by adopting a ‘fat tail’ philosophy in the way we research and report ideas to our readers.

What does this mean? Let me explain…

If you look at the distribution of events — in the markets and in life — you’ll see that there’s a natural bell curve.

The most likely to happen events bunch in the middle.

But out at the ends of the curve, where the rare events are registered, there are small bumps and bulges.

Statisticians refer to these bulges on the extremities of bell-shaped curves as ‘fat tails’. Instead of tailing off as they are supposed to, the rare events seem to swell up, where you don’t expect them.

These are ideas that sit on the edge of emerging trends, and are positioned well to garner spectacular results for those game enough to place a bet…

And here’s why you should take note:

You will never make money buying what everybody else already thinks is the next ‘sure thing’. That’s because mainstream financial ideas are already well known and fully priced in. Only fringe ideas — those that are out there on the fat tails, not yet picked up by the mainstream or accepted — have the greater potential to pay off.

If these are the kinds of opportunities you’d like to learn about, then you’re in the right place. Our Daily Reckoning readers get access to a free e-letter every day, chock-full of our best research and insights. You can join our mailing list here.

Here’s why it pays to have us on your side

We want to give you the tools to protect yourself and, of course, profit from trends that the mainstream press typically overlooks — or simply won’t bother to tell you about.

Now make no mistake, we’re not savant geniuses, and no one has a crystal ball.

But what we have is passion. And nerve.

Our bone-hard research is backed by our obsessive analysts and editors who spend hours every day watching for trends like hawks.

And as far as we can see yet, we’re the only publisher in Australia that dares to tell the stories nobody else is willing to tell…stories that might be speculative, risky, even a little bit naughty…

But stories, ultimately, that are willing to push the barriers and give our readers first-look access to the most promising investing ideas afoot.

It genuinely lights a fire in us when we see that what we’ve written has resulted in a reader making excellent gains.

And this isn’t rare, by the way….

Check out what some of our readers have had to say about us in recent years:

We want to give you the tools to protect yourself and, of course, profit from trends that the mainstream press typically overlooks — or simply won’t bother to tell you about.

Now make no mistake, we’re not savant geniuses, and no one has a crystal ball.

But what we have is passion. And nerve.

Our bone-hard research is backed by our obsessive analysts and editors who spend hours every day watching for trends like hawks.

And as far as we can see yet, we’re the only publisher in Australia that dares to tell the stories nobody else is willing to tell…stories that might be speculative, risky, even a little bit naughty…

But stories, ultimately, that are willing to push the barriers and give our readers first-look access to the most promising investing ideas afoot.

It genuinely lights a fire in us when we see that what we’ve written has resulted in a reader making excellent gains.

And this isn’t rare, by the way….

“A whole generation or two of investors, intellectuals, journalists and citizens of the world have been raised on [The Daily Reckoning’s] writings,” writes Jeffrey Tucker.

“They are compelling not because they are ideologically driven or splashy, but because they are independent-minded and infused with vast knowledge of history and philosophy and take a perspective that disregards the opinion cartel. That is to say, they are eye-opening and provide a completely different look at the world.”

“Read The Daily Reckoning! You won’t find any group thinking there, I promise you.”
— Mark

“I like your style and rational thinking. Good work. You make more sense in one email then a month of CNBC.”
— Ken

“I so look forward to your commentary on every subject… In addition, I love reading about your family, and your home in France. Mostly, I’m hanging on every word re: the stock market… Finally, your 3 pieces on The Christmas Story were classics! Thanks for sharing the riches of your talent. Keep the emails coming!”
— Sue

“You are probably used to receiving nice notes about the D.R., but in the event you are not — let me tell you, sincerely, that it is the highlight of my day… I’ve been wanting to drop you a note on DR ever since I have become addicted to it. Keep it up, it is worthy material.”
— David G, Managing Director, Casey Research

“I don’t believe I have ever read as succinct and exacting a discussion on the interrelationships of violence, governments, politics and democracy as that served up on your [recent] DR. Your usual commentary, while always engaging and worth my time, achieved in this case a superlative in clear thinking (in style as well as content).”
— Jeff

“My problem is I love TheDaily Reckoning’s message. It is the first thing I read on the internet each day. I haven’t made a cent from it but it sure has helped with an overall perspective. The one thing I can say is there is a huge need for objective evaluation of what is at work in the world today and what its significance is… I really haven’t been able to find objective evaluation until Bill started his daily letters and helped me see the big picture.”
— Dan

“I want to thank you again for The Daily Reckoning. I share it with my daughter, a freshman in college and my wife and I feel it gives her a mature perception into the world around her. Parents can try all they want, a little reinforcement from your beautifully written newsletter is appreciated beyond words. Occasionally, you mention shortening the length. Please don’t. You may think it rambles or that we might not be interested but a beautiful painting extends all the way to the edge of the frame…”
— Allen

“Your daily emails always serve as a sign of sanity in a crazy world, especially when you pop the pretentious bubbles of modern culture. I enjoy getting your timely and engaging views on a daily basis.”
— Mike

“I enjoy your daily columns, comments and information. Such intelligent, rational and articulate words are quite rare on the web…”
— Wm. A. Leavell, PhD

The first thing I hear when I come up from my office down stairs every morning is, “did The Daily Reckoning arrive yet?” My wife thinks it’s the best thing since the internet, me too!
— Jack

“Just wanted to say a big thank you for such a well-written, (and free, yet!), witty, fact-filled newsletter.”
— Tim

“I have to tell you, I just love your daily digests… honestly, they are the first thing I read in my batch of emails…”
— Barbara

“Truly like your letters. It’s only one I read every day. Actually look for it! Thank you.”
— Jeff

“Again, thanks for the provocative words — I find myself spending less time with the mainstream media and more with the DR.”
— Paul

“I have only recently started getting your Daily Reckoning. This is just to let you know that there is someone out here who greatly enjoys it. Biggest compliment — I read it in the morning when I am awake, and don’t hold it to the evening when I can only handle mindless matters.”
— Derek

“…your style is so personal and down to earth, it is difficult to remember your audience is bigger than just me!”
— John

“I would happily pay for this absolutely delightful philosophical, cultural, intellectual, humorous and exceptionally well written newsletter. I’ve saved every one since I subscribed… how special this service is…”
— John

“It is great to read about the world we live in via your insights… [There is] nothing like this in the Mass Media here in the United States… Keep up the great Daily Reckoning, it’s about the only reason I get on the Internet…”
— David R.

“Enjoy your daily comments more than a lot of stuff in some of the letters to which I subscribe… Good clear thinking and plain writing. Thanks a lot for sensible and timely outlook.”
— Edith

“Your daily communiqué is awesome! Of the 12 financial resource reports I get each day, yours by far is the most useful and concise… Your email is a welcome part of my day…”
— Timothy

“I enjoy the thought-provoking editorials and news updates. You have the “ring of truth” about what you say.”
— Harlan

“I admire the background and thought put into the DR. I truly appreciate your grammar, wit, and general education you put into the DR. Keep up the good work and first class standards.”
— Chuck

“…I also like your irreverent, fresh perspective on politics, the market, and life in general, and I appreciate your dry sense of humor. I keep tuning in to find out “what Bill’s up to now”, while deleting without reading about half of the other email I routinely get. It’s kind of addictive, really.”
— Jon

“I have just received my very first transmittal from TheDaily Reckoning. Kudos — what a refreshingly witty, erudite, finger wagging, sensible and insightful piece. This will be one of the very few emails to which I shall look forward.”
— Elaine

“Thank you guys, for your interesting analysis of free trade and the various ramifications which were alluded to therein… provocative and enlightened thought… I thoroughly enjoy your Daily Reckoning and have quite unabashedly become addicted to your mental agility. You fall into the category of Mencken and Buckley and other essayists of whom I have the highest regard…”
— Robert

“I only recently got on your daily email commentary list. I wish that had been much earlier. I consider your commentary and side references most valuable, in fact, your email is a highlight of my day. Thanks for your email service and I hope that you will continue it and your cogent, realistic commentary into the future.”
— Ray

“I have thankfully been getting and reading your morning letters and think very highly of them and do not feel that you have wasted any of my time. I even have my wife and daughter read them daily… I cannot tell you how refreshing it is to read your daily letters as there is almost no one in normal world that is thinking today…”
— Al

“I believe I am addicted. Today is the first day I did not receive The Daily Reckoning and I happily admit I have missed it. Hope to read it tomorrow.”
— Tsc

“I love hearing from you on a daily basis. This has been a wonderful add on to my newsletters. Thank you very much.”
— Kevin

“Just wanted to let you know that I appreciate The Daily Reckoning. Your insight into what is happening in the world is very helpful.
— Peter

“I absolutely love and enjoy the newsletter. It has some of the best commentary and opinions. It is actually better than some of the newsletter that I pay to get.”
— Joe

“…what sets your newsletter apart from others is the chatty, yet comprehensive insight… you hit a few points in each letter and present it in the form of someone who knows the European lifestyle firsthand and spices up the information in a credible and interesting way. It reads like a letter from a friend…”
— Iona

“Just a quick note to say how much I enjoy your daily letter! I find myself agreeing with almost everything you say, which worries me! Your Daily Reckoning is something I look forward to every day!”
— B.T.

“I suppose what I’ve enjoyed most from TheDaily Reckoning is the ‘bemused’ and skeptical attitude towards the everyday market and his ability to evaluate the daily nonsense in the clear light of his own values. I find that not many can do that. They’re willing to stand apart from the crowd and point out that the emperor is, well, ah, er, naked…”
— John

“I enjoy reading your piece each morning. Your insights have a refreshing depth.”
— Andrew S

“As an early riser I appreciate having information to start the day. I find The Daily Reckoning to be insightful and cuts to the chase with a minimum of verbiage.”
— Raymond

“I find your daily comments extremely interesting since it is rare to find a source of information that provides a historic and present day world perspective.”
— Andreas

And here’s what the media thinks of us…

The Daily Reckoning is a freewheeling Web site for libertarians, gold bugs and doom enthusiasts of every stripe… [Addison] Wiggin offer[s] up his analysis with a confident and steady aplomb. And for good reason…”
— Stephen Metcalf of The New York Times Magazine.

“I am also a fan of a more modest site called The Daily Reckoning, an always interesting offering… The site’s daily newsletter, which is available by email, offers a charmingly mordant take on the stock news of the day, accentuated by philosophical maunderings…”
— David Futrelle of Money magazine.

“Back in 2000, The Daily Reckoning, announced their trade of the decade. It was a simple one: sell dollars, buy gold. It turned out to be a good plan. In 2000, you could buy an ounce of gold for $280 (the average price over the year). Now, it will cost you $1,125. At the time, they saw what most others did not…”
— Merryn Somerset Webb of The Financial Times

“If you want to be informed rather than disinformed, go to The Daily Reckoning website and sign up for the free Daily Reckoning letter. Consider buying several copies of this book (Dice Have No Memory: Big Bets & Bad Economic From Paris to the Pampas) and giving them to people who are open to actually understanding reality. They can read the book and become informed citizens, rather than disinformed sheeple. With knowledge comes power.”
— Mark Lamendola of Mind Connection

The Daily Reckoning can tale with a point like few other writers. They are just so gifted. You can read him in short pleasurable bursts in the evening, or of an afternoon with a nice glass of wine.”
— John Mauldin, author Endgame: The End of the Debt SuperCycle and How It Changes

More than 20 years later, we remain one of Australia’s most well-loved voices in reporting on politics, finance, and global trends (and the uncanny tendency for these to converge in all sorts of weird and wonderful ways…).

Our mission always was — and still is — to look at the world and markets every day and then give you our very best guess at where they’re headed. Intrigued?

If this sounds like it will be useful reading for you, subscribe to the free The Daily Reckoning Australia e-letter by clicking the button below. You’ll discover the next big ideas long before the mainstream — and start your journey to smarter investing today.

Click here to  sign up for The Daily Reckoning Australia free e-letter.