Plus ça change
Thinking back, Outsider can fondly remember his early days at Money Management; sitting at his desk in a smoky office wearing a wide pinstriped, double-breasted suit and bold tie, pounding the keys on his computer and using a landline phone before taking off early for a few beers and yet more cigarettes down the pub.
Fashion and work mentality may have changed since then but as Outsider scours the hallowed pages of the back issues, he is surprised by how many similarities there are in what Money Management was writing about in 1987 and what we are writing about now.
The Australian market outperforming other developed markets...too much regulation...clueless industry bodies….mergers in the financial planning space and a lack of female representation in the industry.
Luckily, not everything is the same, as other articles focused on the AIDS crisis threatening the life insurance industry and the appeal of a new innovation called ‘direct marketing mail’.
As we move into a digital-only format, perhaps there is no need for Outsider to be concerned, after all ‘the more things change, the more they stay the same’.
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