Market Scorecard Last week was the worst week for the Dow since January 2016. If you remember, in 2016 we had an awful start to the year, we were in 'bear' territory even before schools started for the year. The drop last week was 5.7% for the Dow, taking things back to the … Continue reading Educating Us
To market to market to buy a fat pig. American politics is driving markets at the moment. Another Trump advisor, Michael Flynn, has been linked to Russia. He pleaded guilty to lying to the FBI, while they investigate Russia's involvement in the 2016 US elections. Markets tanked on the news. More significant though is … Continue reading Takealot of Cash
To market to market to buy a fat pig. The most exciting news yesterday was the solar eclipse that crossed over the US. One of the worries was how would the power grid hold up because of the increasing reliance on solar produced power. All went well (US power grid passes a test as … Continue reading The Brain Drain
"There is a quote from American comedian, Groucho Marx, who sat for a full hour at the home of cricket, Lords, and asked the person next to him: "This is great. When does it start?" I guess the same could be said of the Fed rates decision, it is like watching extreme slow motion. For … Continue reading This is great. When does it start?
"As is the case with many mid cap listed businesses, there are very few shareholders that Curro will have to talk to. There is a total of 83 shareholders that hold 75.4 percent of the shares, we have identified three shareholders who control 45 percent of the business, together with the founder, just over 50 … Continue reading Educate your Board
"It seems like there is a whole lot more room to grow. I for one would much prefer it if the government outsourced all schooling to private entities, which set themselves really high standards. As Curro points out (just after this table in their 2014 Annual Report), them building schools saves the state 70-120 million … Continue reading Go Private, save the state