When I started doing marathons in the 1980s, I took out an annual subscription to SA Runner magazine.
It probably stands to reason: how much is there to say, really, about an activity which boils down to putting one foot in front of the other … for hours on end? Investment publications are not unlike running magazines. The characters change over time, the plotlines less so. Twelve months ago, I wrote about the folly of forecasting; at the beginning of this year, my inbox was once again flooded by strategists sharing their best guesses about what lay in store for us over the course of 2022.
Towards the end of 2021, I saw a tweet which highlighted the five-year total return numbers of a cross-section of JSE companies. The clear winners? Platinum, iron ore and gold. And the losers? Property, hospitals, retailers and financials.Which is why I won’t bore you with any of my own forecasts either. And it also explains why you should take every strategist’s outlook with a huge pinch of salt.
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Black Business Council calls for fastracking of bill to give blacks, women opportunity in tendersThe Black Business Council (BBC) has called for the fast-tracking of a bill aimed at giving preference to historically disadvantaged groups in state tenders. Words alone won’t express how thankful I’m recommending you all to bettycostafx. investing with her has been a great opportunity for me and my family, I'm not persuading anyone to work with Mrs bettycostafx.. I just wanted interested investors to make the right choice with her.
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Black Business Council calls for fast-tracking of bill to give blacks, women opportunities in tendersThe Black Business Council (BBC) has called for the fast-tracking of a bill aimed at giving preference to historically disadvantaged groups in state tenders. If the Bill will exclude the Black bourgeoisie that will be great. But if it will include the Black fat cats, their children and relatives, better stop that thing dead on its tracks. Black Billionaires can't be made to benefit from this. Like the Guptas so, Historically? Who gets the tenders as we speak? Get a tender, do no work, order the most expensive car, move to a gated area, take a shopping trip to Paris and deliver zero. Then comes task team to investigate with no results.
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Six JSE stocks with freebiesThe FM has uncovered some companies whose underlying assets are being completely ignored by the market, writes MarcHasenfuss.
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