By Peter Switzer, Switzer Super Report
For all my subscribers who are getting worried about the soundness of Australian banks, well, I make one recommendation, and I do this with a heavy heart ? stop reading the Australian Financial Review!
Don't get me wrong, I read this respected newspaper but I'm qualified to cope with its broad range of offerings. As I've been a newspaper writer since 1985, a former academic economist, a financial adviser and a student of the best investors who've ever lived, I know I can cope with some of the scary pieces the AFR has been putting out, since the election.
On the weekend, my old friend Christopher Joye wrote a piece citing some unknown Aussie financial genius, who has managed billions in the USA for years, and who doesn't like the vulnerability of our banks.