In a world of accelerating disruption where technology as enabler allows a person to build a billion-dollar business from their parent’s basement even the most established business models are no longer secure. The disruptors quickly become the incumbents at risk
In the bestselling book Homo Sapiens Yuval Harari theorized that the success of humankind can be directly ascribed to our ability to tells stories, which we could all believe in and collectively work towards, thus achieving as a common goal.
The doldrums are noted for calm periods around the equator when the winds disappear trapping sail-powered boats for days or even weeks. There are many stories told of sailors going completely crazy while desperately hoping for the wind whilst
According the author of the award-winning book Homo Sapiens the success of humankind over other species came from the ability to work together and the secret to this togetherness came from the ability to tell stories, which we could all
The illustration below explains how to calculate the expected return from a share or the overall market, which is represented by the straight upward sloping line in the chart and is simply the current dividend yield + expected real (above
As investors we hate ambiguity, we want certainty, which is why we dislike the idea of randomness. We want our advisors / managers to know exactly what is going on. Financial experts must speak confidently and explain what is driving
As it turns out my crystal ball really works. Unfortunately, I only realise that now after going through all my articles written in 2013 when I correctly predicted the lousy returns of the last 5 years. Of course, nobody wanted
When the stock market behaves like a yoyo it’s good to remind yourself of what a share price really is and that is a daily offer from someone to buy and / or sell you a business. If you are
The World Economic Forum published research, which shows SA to have the highest misperception score in the world in respect of people’s incorrect perception of what is going on versus reality. Like any statistic there is a risk of
Don’t congratulate yourself or berate yourself too much your choices are half chance. This is one of those great wisdoms of life, which can be applied to every aspect of your daily living including your investment successes and failures.