Put everything on red!
Put everything on red! There is a loud cheer (or is it a groan) at one of the roulette tables in the center of the casino. A middle-aged man with a neat hairstyle and George Clooney-like facial features approaches. He sees what the consternation is about. The board above the roulette table indicates that the […]
Ster-aandele: Klou jy vas of laat jy gaan?
Ster-aandele: Klou jy vas of laat jy gaan? Moet ek my Naspers-aandele verkoop? Dié vraag en soortgelyke vrae oor ander groot posisies in enkele aandele is een wat mense dikwels vir hul adviseurs vra of hulself afvra. (Met groot posisies in enkele aandele bedoel ek jy besit slegs een of enkele maatskappy(e) se aandele, dus […]
Should I sell my Naspers shares?
Should I sell my Naspers shares? The above question about Naspers or similar questions about big positions in single shares is one that often comes up. The answer to this raises another question. Do you want to take the best course of action or do you want to take the course of action that results […]
Sex, Bitcoin and Kubus
Sex, Bitcoin and Kubus The year is 1984 and the smell of rotten milk hangs over our back porch. No, my mother did not forget the milk outside, its Adriaan Nieuwoudt and his rotten milk concoction business, Kubus, that was supposed to make millionaires of my parents. You were supposed to send the dry rotten […]
Ek soek alles in kontant!
Ek soek alles in kontant! Jy sal verskoon word as jy die opskrif lees en dink hierdie artikel gaan oor ’n Gupta-transaksie of ’n egskeidingsbevel. As jy egter die afgelope 18 maande of wat mense moes adviseer oor hoe om hul swaarverdiende geldjies te belê, het jy dalk al dié frase teëgekom. Nou, hier is […]
I want it all in cash!
I want it all in cash! You would be excused if you read the heading of this article and immediately thought that this is about a Gupta transaction or a divorce order. However, if you had to advise anyone within the last 18 months about where to invest their hard-earned money you probably came across […]
Wat is die resep vir sukses?
Wat is die resep vir sukses? ’n Jong kollega vra my die ander dag: Wat is die verskil tussen mense wat suksesvol is en dié wat nie is nie? Hy het natuurlik verwys na finansiële sukses. Voordat ek hierdie vraag probeer beantwoord, is dit die moeite werd om die ooglopende uit te wys – finansiële […]
What is the recipe for success?
What is the recipe for success? A young colleague asked me the other day: “What makes the difference between those who achieve success and those who don’t?” With this question, he was just referring to financial success. Before we try to answer this question, I think it might be worthwhile to point out the obvious […]
Bubbles: The price you pay matters
Bubbles: The price you pay matters In a newsletter to clients on 6 December 2005 I wrote the following: “I am starting to feel like the little boy who cried wolf! In 2 Cents Volume 22 (early in 2005) I was already cautioning people against the apparent senselessness going around in the property market at […]
Knysna-fires: What if it happened to you?
Knysna-fires: What if it happened to you? I overheard two guys in the gym this weekend discussing the Knysna-fires and the one says to the other: “Did you hear that apparently insurance companies might not pay the claims as this was a natural disaster (act of God)?” People often speculate whether insurance companies do insure […]