The following is a quote from a Bloomberg article titled “China’s Tech Stocks Enter Bear Market as Rally Leaders Punished.” “The correction makes as little sense from a fundamental point of view as the way up,” said Mikio Kumada, a
“Smart money” is used to describe institutional or professional investors, by default that makes the rest of us the “not so smart money”. What seems to distinguish the “smart” from the “not so smart” is the degree of emotional influence
“It’s like reversing a trailer”, is one of the best analogies for following your intuitive thinking when it comes to investment decisions. You have to “turn” the other way to go in the “direction” you want. This week I want
Bloomberg recently posted an article on the worst performing billionaire for the year, which is none other than the 2nd richest man in the world Mr. Warren Buffett. Buffett has reportedly lost $3 billion since the start of the year
The following is an extract from an article in the most recent Allan Gray Quarterly Commentary published Dec 2014, in which the writer addresses the inherent risks of investing in stock markets in an attempt to dampen the irrational exuberance
There is a saying that states the two happiest moments of owning a holiday home is the day when you buy it and then again the day when you sell it. In this article I will endeavour to cover the
When our ancestors were running around in loincloth looking for food it was very important to be aware of threats in the environment. If you hoped to survive it paid you to remember where and when last you saw a
To catch a mouse you need a mouse trap. The most essential part of the mouse trap is the cheese, which is used to lure the unsuspecting little fellow to his demise. In financial services there are similar traps, which
Don’t worry I am not asking for a place to stay. The ROOM I am referring to is the acronym for Run out of Money risk (ROOM). This is applicable to anyone who is no longer working and reliant on
Is there a fiscal crisis in SA; this is a nice way of asking if SA is going broke? In my opinion there are sufficient signs to warrant concern. In 2008 SA domestic debt as % of GDP stood at