Wednesday 18 September 2019

The Punt: Children learn to share

Game over or game on? The Irish Stock Exchange has joined a global initiative that aims to promote financial education and entrepreneurial skills to schoolchildren and students.

The ISE along with 30 of its global peers will operate the Financial Education and Literacy Group scheme under the umbrella of the World Federation of Exchanges.

One element of the project, led by the Japan Exchange Group (JPX), is to review educational programmes already in use around the world, and examine whether they can be rolled out elsewhere.

In tech-mad Japan stock-trading games are already being used to win over school pupils to the importance of investing in stocks and shares, for example. In the Punt's day, the notion that the stock markets could provide the basis for a fun playtime would have been a bit of a stretch. Mind you, back then most schoolyard games involved variations on pupils pucking the heads of each other.

In the era of Candy Crush and Angry Birds though, learning to short weak bank stocks might be as much fun as a modern child can handle.

Gerry Murphy passes away

The Punt has learned of the untimely death of Gerry Murphy, a highly-regarded retailer who was once a senior director at Dunnes Stores. He also once held a senior role at Musgrave.

Gerry had worked closely with Margaret Heffernan and Frank Dunne while at Dunnes Stores, and was widely known and respected for his insight and business acumen.

He helped to drive Dunnes, and his no-nonsense approach won him huge respect.

He was just 58 when he passed away suddenly last weekend.

Gerry, who had a sharp wit, knew the trade inside out.

At one stage he owned his own Supervalu outlet in Leixlip, which he had acquired in 2003 from the Musgrave group.

His wife Barbara made sure everything in the business was kept shipshape.

With four adult children - three sons and a daughter - those who know him said he frequently spoke fondly of their escapades and doted on his young grandson, Ollie, who often pressed him into action to play football.

His funeral takes place tomorrow at 10am at the Annunciation Church in Rathfarnham, Dublin.

The world is a lesser place with his passing.

We're not alone in holiday rush

IT'S nearly Christmas! This will be a source of huge joy to many, and of huge stress to others.

Get ready for the Christmas rush, Christmas shopping, mulled wine, and if you're particularly unlucky, carol singers blocking Grafton Street, Henry Street, and whatever shopping centre you're frazzled self will be running around.

Well, you aren't alone. A report from Google looks at how Americans deal with Thanksgiving and Black Friday the next day.

In the US, Thanksgiving is a much bigger holiday than Christmas.

People travel home for the fourth Thursday in November and take the long weekend feeding on what we might see as a traditional Christmas dinner.

They may not travel for Christmas, and it is business as usual on December 26.

You'd think then that they would be a bit more prepared for Thanksgiving then? Not a bit of it.

Google says searches for "ham shop", "pie shop" and "liquor store" are by far the most popular on the day before Thanksgiving, and on the shopping extravaganza that is Black Friday, searches turn to "electronics shops" and "outlet malls".

It seems that it's not just the Irish who love to be totally unprepared for an event they knew was coming for a year.

Irish Independent

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