A couple of hints from Bryce

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Bryce Courtenay died on 22 November 2012 at the age of 89, having established himself as one of Australia’s most commercially-successful authors. I once attended a day-long writing class run by Bryce. There were only a dozen people in the room, and it must have been a distraction from his own writing, but he wanted to share his knowledge and enthusiasm. Bryce gave many tips but two stand out in my mind. First, you need ‘bum glue’. Don’t just talk about it, sit down and write it and don’t move until you have. For investors, the equivalent is spending sufficient time to understand a company or security before you rush off and buy. Second, you must be able to summarise your book in 25 words or less. That’s all you’ll have with most people. Peter Lynch of the Fidelity Magellan Fund said that he had to be able to describe why he was buying a stock in three sentences at most. And film maker Stanley Kubrick advised his students just to get hold of a camera and some film and make any kind of movie at all. Until you do something about it, an idea is not much more than an interesting thought. Graham Hand

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