Last week was crazy for all sorts of reasons…
Bitcoin hit $16,000 - the highest level since 2018.
The JSE rallied over 7%.
Covid-19 cases spiked in the US and Europe forcing new lockdown measures.
However, the main focus on everybody's mind was the highly anticipated US elections on Tuesday.
Although the election may still be contested (due to Trump's legal challenges), there... ››› more
Financial advisors hate penny stocks… Fund managers barely ever invest in them.
But if there's one thing that these tiny shares have shown over the years it's that they've got huge upside potential.
In 2020 alone Red Hot Penny Shares reader have banked a 274% gain on Pan African Resources, 519% on DRD Gold and 111% on Quantum Food Holdings…
Most investors can only dream of these kind ... ››› more
Humans took thousands of years to understand fire, stone tools and the wheel…
But in the 20th Century, it only took us about 30 years to turn the personal computer and internet into two of the most revolutionary inventions in the modern world.
And over the past 15 years, we've gone from a world where only a handful of people had smartphones and DVD players, to a world where billions own ... ››› more
Square - A $73 billion e-Commerce giant made a big bet on Bitcoin in October.
This is not the first time the company's backed the cryptocurrency.
In 2018, it expanded its mobile payment service Cash App to support Bitcoin trading, even for users without a bank account.
And in 2019 it launched Square Crypto, which awards grants to Bitcoin developers and designers.
Square's bullishne... ››› more
Transnet results are out - and they're shocking.
The company had irregular expenditure of R10 billion for the year, losses on revaluations of R31.1 billion and a comprehensive loss for the year at R18.4 billion.
On the back of this I'm sure you've seen trains being burned, looted or sabotaged during the last year or so.
While this is a sad state of affairs, something we're getting more... ››› more
Benjamin Graham' value investing strategy is widely believed to be the most successful of all time.
And while many of you may not know much about Ben Graham, I'm sure all of you have heard of Warren Buffett and are keenly aware of his success as an investor.
What you may not realise is Warren Buffett was a student of Benjamin Graham and he bases his success as a stock picker on what he l... ››› more
“Buy when there's blood on the streets!”
“Be fearful when others are greedy, and greedy when others are fearful.”
As we've been faced with the current crisis, I'm sure you've heard many commentator's say now is the time to buy into shares. Shares are at decade long lows, and the cheapest they've been in a generation…
During the week I read a letter that a client sent his brok... ››› more
The local currency is on FIRE.
At 19:00 on Wednesday night, President Cyril Ramaphosa announced South Africa would be moving to level 1 lockdown. One hour later, US Federal Reserve policy makers indicated they are expecting US interest rates to remain at almost ZERO until the end of 2023.
Wowza that is dovish!
We have economies opening up and we have central bankers bunkering down.
... ››› more
Market sentiment has improved since President Trump's release from hospital, and we head into third quarter (Q3) earnings season.
Analyst forecasts on the S&P500 (a gauge for global equity markets) signals a potential decline of 20.5% for Q3, this would be the second largest Q3 decline since 2009.
Analysts expect a decline in earnings in the fourth quarter of 11.8%, and a return to earning... ››› more
If you type in ‘value investing' in Google, you'll find numerous articles claiming “value investing is dead”.
It's no surprise investors feel this way.
Growth stocks like the tech superstars have by far been the biggest winners in recent years - significantly outperforming their value peers.
With the continuous advancements in technology, you'd expect growth stocks to continue th... ››› more
Right now, the agriculture sector is one of the spots of excellence in South Africa, and its being treated very well thanks to a double whammy of record-breaking harvests, and increasing commodity prices.
This is good news for the SA economy.
It means the agricultural sector could employ more people, putting money in the consumers' pocket. It means there are many supporting businesses and ... ››› more
“Timon do you believe that with the second wave of COVID-19 cases in Europe will also cause the price of Brent Crude to drop in price?”
A. Absolutely! Thank you for reminding me Joe.
In fact, it’s one of the main factors I forgot to mention in this week’s article.
In the last month, we have seen a resurgence in infections throughout Europe.
We have see... ››› more
Chances are you know of Warren Buffett.
But do you know Buffett's right-hand man, Charlie Munger?
Most people are familiar with Munger from his association with Buffett.
For 50-plus years, Munger has been the vice chairman at Berkshire Hathaway. And his eye for great investments has helped Buffett grow Berkshire into a $514 billion investment giant today.
But I don't want to talk a... ››› more
To think, in 2011, Brent Crude was at $120 barrel. And today is barely hanging onto $40.
This was all thanks to the Corona-crisis.
In fact, we are now seeing a resurgence in Europe with new restrictions and lockdowns.
And just look at who's contracted the virus.
• President Donald Trump and the first lady
• British Prime Minister Boris Johnson
• Brazil's Jair Bolsnaro
• ... ››› more
The rand has been extremely volatile this year, ranging between R14/USD to over R19/USD. Recently, the currency seems to have found a range between R16.40/USD and R17.20/USD. This stability may be short-lived however as the rest of the year will likely prove turbulent.
Overseas, we have the US election looming in early November. It's set to be one of the most contentious in recent memory. Thou... ››› more
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