Beware of Robinhood
This may sound like a fairytale, but it could have an unhappy ending. Robinhood is the US stockbroking app that has driven an influx of literally millions of (particularly younger) investors who have bought American stocks on a fractional ownership basis. Fractional ownership is the same principle that Easy Equities uses locally, which allows people to invest a specific amount …
View Post
Too many Chiefs? A lesson for start-ups
One of the core principles in designing a great racecar is to achieve a low centre of gravity. Start-ups should learn something from this. Top-heavy cars don’t handle well. The weight is all in the wrong place. At an extreme, they can topple over. There’s a reason Formula 1 cars aren’t shaped like toasters. The same principle applies to start-ups, …
View Post
Walmart: knock-knock at the door for TikTok
Donald Trump threw TikTok’s future into the abyss when he announced on 6th August that the app would effectively be banned in the US in mid-September. He then issued a separate order which gave TikTok’s parent company Bytedance just 90 days to sell TikTok’s US operations and data. And there you were thinking that only the South African government cares …
View Post
Walmart: knock-knock at the door for TikTok
Donald Trump threw TikTok’s future into the abyss when he announced on 6th August that the app would effectively be banned in the US in mid-September. He then issued a separate order which gave TikTok’s parent company Bytedance just 90 days to sell TikTok’s US operations and data. And there you were thinking that only the South African government cares …
View Post
Master the side hustle – podcast
The side hustle: a particular passion of mine. In my podcasting debut, I discuss this wonderful concept with none other than Warren Ingram, well-known financial planning expert and author of various publications. Check out other episodes of his podcast Honest Money here. the_ad id=”3223″
View Post
An Epic battle with Apple (and Google)
Gaming has become an incredibly lucrative industry. I’m not talking about slot machines; this is the world of mobile, PC and console games. Fortnite has more than 350 million registered players. To put that in context, there are around 330 million people in the United States. Epic Games is the publisher of Fortnite and is worth $17.3bn after its latest …
View Post
Hotel industry suffers with vacant earnings
City Lodge’s well-documented pains are not unique. Covid-19 has smashed the tourism industry globally, with airlines and hotels the worst hit of all. These are costly businesses to run and losing practically all revenue for months on end was never in the disaster plan. It’s a global problem Hilton reported an earnings decrease of 77.3% to $564m, significantly worse than …
View Post
FAANG? I choose FAAAM, fam.
Many of you are familiar with the term FAANG, although a recent poll I ran on Facebook did suggest that many readers think it is a type of tooth. It’s not a tooth It stands for Facebook, Amazon, Apple, Netflix and Google (although the listed holding company of Google is called Alphabet these days). Coined a few years ago, the …
View Post
Courage Through Crisis
It’s a difficult word, courage. Brimming with emotive imagery, it unleashes thoughts of what you would do if you were plunged into the situations that heroes find themselves in. Getting to grips with the concept of courage requires us to consider potential scenarios that we hope won’t come to pass. These scenarios sometimes become reality, which is when crisis sets …
View Post
Kodak – did some traders have a sharper image?
It’s worth stating up-front that references to photography in this article are quite naughty, because the current excitement around Kodak has absolutely nothing to do with photography. You may be old enough to remember yellow Kodak stores in shopping malls that allowed you to print photos from film (?!?) and even buy photo albums and cameras. Kodak’s business model was …
View Post