Massmart and the case for cutting through the noise
After the market crashed in March 2020, I decided to take a risk. Believing that the valuations were ridiculously low and that they couldn’t possibly stay there, I emptied a big chunk of my access bond into the market. Essentially, these were bonuses I had saved over the years. I treat my bond like a revolving credit facility at a …
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Massmart and the case for cutting through the noise
After the market crashed in March 2020, I decided to take a risk. Believing that the valuations were ridiculously low and that they couldn’t possibly stay there, I emptied a big chunk of my access bond into the market. Essentially, these were bonuses I had saved over the years. I treat my bond like a revolving credit facility at a …
View Post
Massmart and the case for cutting through the noise
After the market crashed in March 2020, I decided to take a risk. Believing that the valuations were ridiculously low and that they couldn’t possibly stay there, I emptied a big chunk of my access bond into the market. Essentially, these were bonuses I had saved over the years. I treat my bond like a revolving credit facility at a …
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Sasol: gearing brought under control
Sasol. The one that got away for many. It partially got away for me. After a massive effort from management to cut costs and sell off assets, aided by a stronger oil price and generally better economic circumstances, Sasol confirmed today that it will not need to tap shareholders for more money in a rights issue. A rights issue is …
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Magic Markets Ep7: 2021 Preview
The Finance Ghost and Mohammed Nalla (Moe-Knows) are back! In the opening episode of 2021, we touch on what worked and didn’t work in our respective portfolios in 2020. We also talk about changes we’ve made for 2021 to position ourselves for latest market conditions, especially against a backdrop of second wave lockdowns. http:// the_ad id=”3223″ the_ad id=”3235″ the_ad id=”3234″ …
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Magic Markets Ep7: 2021 Preview
The Finance Ghost and Mohammed Nalla (Moe-Knows) are back! In the opening episode of 2021, we touch on what worked and didn’t work in our respective portfolios in 2020. We also talk about changes we’ve made for 2021 to position ourselves for latest market conditions, especially against a backdrop of second wave lockdowns. http:// the_ad id=”3223″ the_ad id=”3235″ the_ad id=”3234″ …
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My JSE strategy: detailed review
- South Africa
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AngloGold, BHP, Bidcorp, Bidcorp, Capital Appreciation Group, Capitec, Clicks, Distell, DRD Gold, EOH, Gold, Gold Fields, Harmony, Harmony, Investing, JSE, Massmart, Mediclinic, Motus, Motus, Sasol, Stor-Age, Tower Property Fund, Tower Property Fund, Transaction Capital, Transaction Capital
- December 21, 2020
Ghosts are transparent by design and The Finance Ghost is no different. I love sharing my portfolio moves and the way I arrived at decisions. Goodness knows I don’t always get it right, but if I’m not prepared to publicly share my decisions, then how can we all learn from each other? To close off 2020, I’ve decided to give …
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Podcast appearance: Talking with Traders
Garth Mackenzie hosts this excellent podcast where he has candid discussions with traders and more recently analysts and other interesting figures in the market. I was approached as one of the latter, based on my fresh approach to financial content and explaining the markets in a way that makes them accessible to more people. This is definitely the most personal …
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Podcast appearance: Talking with Traders
Garth Mackenzie hosts this excellent podcast where he has candid discussions with traders and more recently analysts and other interesting figures in the market. I was approached as one of the latter, based on my fresh approach to financial content and explaining the markets in a way that makes them accessible to more people. This is definitely the most personal …
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Vaccine volatility – what have investors done?
- Global, South Africa
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American Airlines, Aspen, Carnival Corporation, Gold, Netflix, Pfizer, Sasol, TripAdvisor, Vaccine, Zoom
- November 9, 2020
Today was a monumental day on the markets. Pfizer announced that its Covid-19 vaccine has been found to be 90% effective, comfortably the most important scientific breakthrough thus far in the fight against the virus. Now, your immediate reaction might be to buy Pfizer shares. Funnily enough, at time of writing, Pfizer was only up 6% after the news. That …
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