Markets & Equities

Investment opportunities in local banks

In their book, The Enigma of Reason, Hugo Mercier and Dan Sperber writes: “Two major features of the production of reasons: it is biased – people overwhelmingly find reasons that support their previous beliefs – and it is lazy–people do not carefully scrutinize their own reasons. Combined, these two traits spell disaster for the lone […]

Markets & Equities

Are there opportunities hiding in local listed property shares?

I have made reference to the phrase, “swimming upstream” before, and mentioned how it always reminds me of the joke about the man who was travelling on the N1-highway when he got a phone call from his panicked wife. She had heard on the radio that on the same highway, a vehicle was travelling in […]

Markets & Equities

Low volatility does not necessarily mean less growth

Investors who have followed my reports over the years, would know that I like to use well-known sayings to either point out or describe a variety of terms or market movements. But there is one saying that regularly makes its appearance in the investment world: “High risk, high reward.” Without wanting to offend thrill seekers, […]

Markets & Equities

Mid-Caps – Is it time to go big?

With the Rugby World Cup (RWC) behind us, we can proudly say that we are the world champions. Not only did we win the final against England, we just about destroyed them in dominating fashion. What makes this achievement even greater, is the fact that in March last year (2018), there was absolutely no excitement […]

Financial Planning

The road to success does not always run equally smoothly

It’s a scientific fact that no two people are exactly alike. A few years ago, my family and I took a road trip through the Klein Karoo. Aside from being one of the most breathtakingly beautiful places on earth, it is also known for some of the world’s most beautiful mountain ranges. We spent the […]

Markets & Equities

When last year’s winners keep up momentum

A few of you might point out that my message this week directly contradicts what I said a few weeks ago. “Don’t bet on last year’s star performers” was right there in the title in September after all, and I pointed out that betting on last year’s winning shares may not always be the best […]

Economy Markets & Equities

The relationship between JSE earnings and SA GDP Growth

We live in an era dominated by superheroes, and when I say this, I’m not referring to the real brave man climbing up the side of some building to rescue a child that’s hanging by a nail. No, I’m talking about comic book characters that usually find themselves on the big screen in a wonderfully […]