Earnings season in the United States is in full swing. I love this time in the markets, as the most important companies in the world issue their quarterly report cards. Let’s focus on what it means to “beat expectations” or, if you really want to sound fancy, “beat the street” – a reference to Wall Street although Maude Street in …
View PostEarnings season in the United States is in full swing. I love this time in the markets, as the most important companies in the world issue their quarterly report cards. Let’s focus on what it means to “beat expectations” or, if you really want to sound fancy, “beat the street” – a reference to Wall Street although Maude Street in …
View PostEarnings season in the United States is in full swing. I love this time in the markets, as the most important companies in the world issue their quarterly report cards. Let’s focus on what it means to “beat expectations” or, if you really want to sound fancy, “beat the street” – a reference to Wall Street although Maude Street in …
View PostCorporate actions aren’t always easy to understand. Some are fairly straightforward (e.g. Company A is buying Company B) and others are horrendously complicated (like Cartrack’s big move to the Nasdaq). I first wrote about Cartrack on October 18th, 2020. At the time, it was trading at around R45 per share. Cartrack isn’t a company I had paid much attention to …
View PostThey say one man’s trash is another man’s treasure. It applies in the markets too. Successful investing is about buying the right shares at the right price. End of story. It doesn’t help to overpay for even the best companies in the world. The markets exist because opinions differ on whether companies are trash or treasure. Often, it’s just a …
View PostThey say one man’s trash is another man’s treasure. It applies in the markets too. Successful investing is about buying the right shares at the right price. End of story. It doesn’t help to overpay for even the best companies in the world. The markets exist because opinions differ on whether companies are trash or treasure. Often, it’s just a …
View PostThe trouble with the markets and the investment industry is that jargon is everywhere. Ever tried to discuss crypto or coding with a tech geek? That’s how non-financial people feel when looking at an investment fact sheet or reading a fund manager letter. In this article, I explain a few of the concepts that are important for you to understand …
View PostThe trouble with the markets and the investment industry is that jargon is everywhere. Ever tried to discuss crypto or coding with a tech geek? That’s how non-financial people feel when looking at an investment fact sheet or reading a fund manager letter. In this article, I explain a few of the concepts that are important for you to understand …
View PostThe company is actually called Ascendis Health, but one look at a share price chart and you’ll understand why I laughed when an ex-banking colleague called it Descendis Health in a chat we had a few weeks ago. With a nod to his genius, I’ve borrowed the name. If there was ever a poster child for a high-risk acquisitive strategy …
View PostThe company is actually called Ascendis Health, but one look at a share price chart and you’ll understand why I laughed when an ex-banking colleague called it Descendis Health in a chat we had a few weeks ago. With a nod to his genius, I’ve borrowed the name. If there was ever a poster child for a high-risk acquisitive strategy …
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