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    On a war footing

    Jul 31, 2019 4 minutes
    STORY GREG HOFFMAN

    One of the great lines in the classic movie Wall Street is when Gordon Gekko is educating Bud Fox about the market: “Read Sun Tzu, The Art of War. Every battle is won before it’s ever fought.”

    There’s plenty of wisdom in that saying and I was thinking about it on Friday, June 28. It was the last trading day of the 2019 financial year and also the last day of a family ski trip to Perisher. I started the day at 5.30am with the fire crackling beside me and the snow canons and grooming machines working away outside the window.

    Sun Tzu’s words imply that preparation is the key to success in war. The same applies

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