
Geoff O’Reilly
I'm an early baby boomer. Australian. I've watched the world change. I don't claim expertise in anything in particular. Yes, I have a couple of dusty old university degrees on the wall, seen big business from the inside, been a business entrepreneur for 30+ years, raised capital, employed 1000+ people in a dozen or more countries, dealt with lawyers and governments, travelled, watched TV and read a lot. I rode the IT boom/bubble that burst in 2000. Made a bit and lost half of it: so I understand risk and acquired some wisdom. Enjoy the blog.-
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Category Archives: why do people do what they do
Fracking … benefits and risks
Dramatic improvements in technique for extracting oil and gas from deep sandstone and shale rock seams is credited by some with a major recent reversal of fortune for the oil and gas industry in the US. The more ambitious claims … Continue reading
Posted in risk, technology, why do people do what they do
Tagged advances in technology, energy, fracking, priorities, technology
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Australia’s mining boom … opportunity missed
That Australia has seen an epic boom in mining over the last 10 years is undisputed. Notwithstanding the uncertainties hanging around in the world economy, big export earnings from mining look set to continue. What have we got to show … Continue reading
Posted in debt, politics and leadership, why do people do what they do
Tagged delusion, group think, mining boom, Norway, priorities, resources, Singapore
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Delusional dictator
Now here’s something completely different. If this doesn’t make you shake your head in disbelief I’ll be surprised. We’ve all heard about the Pentagon. Built during the Second World War, it is the largest public administration building in the world. … Continue reading
Posted in why do people do what they do
Tagged delusion, government, Pentagon, public administration building
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Indians to Mars?
Today, India is launching a rocket to Mars. The Guardian newspaper has the story: The cyclone season is almost over, the planets are in alignment, the countdown has started. On Tuesday at 2.46pm local time, a rocket will blast off … Continue reading
Posted in technology, why do people do what they do
Tagged delusion, elites, government, Guardian, India, priorities, rocket to Mars, space, technology
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The optimism bias
Are we born to be optimistic, rather than realistic? It seems we are. Yesterday I cautioned about the optimism bias. So what is it? The optimism bias is the belief that the future will be better, much better, than the … Continue reading
Posted in why do people do what they do
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