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Does follow the leader pay off?

Andrew Forrest’s backing of renewables and Laurence Escalante’s gaming empire show where the billionaires see the future. Should you follow them?

Perth billionaire Laurence Escalante has expanded his gaming empire. Picture: Instagram
Perth billionaire Laurence Escalante has expanded his gaming empire. Picture: Instagram
The Australian Business Network

Andrew “Twiggy” Forrest’s moves into renewables and Laurence Escalante’s VGW gaming empire are interesting insights into where some of the wealthiest names in business are seeing the future. Should you follow them? Would you invest?

Plus Bruce Mathieson on Endeavour and Alex Waislitz’s foresight on interest rates.

In today’s show, we also cover:

• SMSFs v APRA funds and how CGT impacts your final super balance.

• Will Baby Boomers retirement see our nation’s super-pot start to reduce?

• Non-concessional super contributions and tax

• Will BRIC’s expansion bring about the death of the US dollar?

Bruce Brammall, financial adviser at Bruce Brammall Financial www.brucebrammallfinancial.com.au was this week’s host of The Money Puzzle and was joined by John Stensholt, Richest 250 List editor at The Australian.

Read related topics:Andrew ForrestClimate Change

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Original URL: https://www.theaustralian.com.au/business/wealth/does-follow-the-leader-pay-off/news-story/c4baaa63bd577a9c4228c72a91b419e1