8:00 “Fish where the fish are” Wise words from Andrew (and Charlie Munger) Value investors find opportunities in the neglected, disliked, misunderstood. That means looking beyond US Large caps. Instead, European Mid caps.
42:00 Pernod Ricard shares -50% over eighteen months, 15x P/E with 4.5% div yield Ranmore 🎣
Thanks for sharing such valuable information! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
In my view, I don't think this person understands South Africa, this country has immense problems it has very little do with the labor force.. it has everything to do with the structure of the economy, making the type of IMF happy structural adjustments to the economy: such as electricity prices are up 1200% over the last 20 years, our port speed now ranks South Africa as 486 out of 486 ports in the world, our personal income taxes now rank South Africa the highest in Africa out of 54 countries, our railway traffic is the same level as the 2010 due to crime. Most of our food and medicine is imported. I agree with his stock market assessment and investment ideas, but the problem is not the labor, labor is willing to work, work hard. You have massive structural problems that need to resolved before companies can show the type of returns that Asia delivers. Asia has warehouses, our warehouses are insecure, crime is sky high, etc. etc. I think SA has far better macro-economic control than many other countries, but structural reforms to the economy is needed.... physical, heaven and earth, roads that are reliable, business taxes that are low, our business taxes are 7% higher than that of the US and EU and Asia!
I dont necessarily agree with the assessment on Elon Musk re. The DOGE not doing well Even if most of the budget goes to social security and defence im sure there are immense inefficincies throughout that will be able to be streamlined Secondly, increasing efficiency in other area of govt can help spur growth more creating less need for a social safety net So i think there are second and third order effects that aren't being considered here
Investors, I heard this said by a normal Joe soap person - if investors neglect to somehow facilitate the improvement of living conditions of the majority in SA, your investment and wealth will not be worth much just saying . . .
8:00 “Fish where the fish are”
Wise words from Andrew (and Charlie Munger)
Value investors find opportunities in the neglected, disliked, misunderstood.
That means looking beyond US Large caps. Instead, European Mid caps.
42:00 Pernod Ricard shares -50% over eighteen months, 15x P/E with 4.5% div yield
Ranmore 🎣
39:37 hehe doo-doo
The maximum number of Bitcoin supply is 21 million, not 22 million.
Thanks for sharing such valuable information! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
In my view, I don't think this person understands South Africa, this country has immense problems it has very little do with the labor force.. it has everything to do with the structure of the economy, making the type of IMF happy structural adjustments to the economy: such as electricity prices are up 1200% over the last 20 years, our port speed now ranks South Africa as 486 out of 486 ports in the world, our personal income taxes now rank South Africa the highest in Africa out of 54 countries, our railway traffic is the same level as the 2010 due to crime. Most of our food and medicine is imported.
I agree with his stock market assessment and investment ideas, but the problem is not the labor, labor is willing to work, work hard. You have massive structural problems that need to resolved before companies can show the type of returns that Asia delivers. Asia has warehouses, our warehouses are insecure, crime is sky high, etc. etc. I think SA has far better macro-economic control than many other countries, but structural reforms to the economy is needed.... physical, heaven and earth, roads that are reliable, business taxes that are low, our business taxes are 7% higher than that of the US and EU and Asia!
100% the cause of most of the issues is caused by lack of meritocracy
I dont necessarily agree with the assessment on Elon Musk re. The DOGE not doing well
Even if most of the budget goes to social security and defence im sure there are immense inefficincies throughout that will be able to be streamlined
Secondly, increasing efficiency in other area of govt can help spur growth more creating less need for a social safety net
So i think there are second and third order effects that aren't being considered here
Investors, I heard this said by a normal Joe soap person - if investors neglect to somehow facilitate the improvement of living conditions of the majority in SA, your investment and wealth will not be worth much just saying . . .