The Oracle of Tech

  Market Scorecard Yesterday the SARB unanimously voted to keep interest rates on hold. If we didn't have the spike in oil prices over the weekend, I (Michael here) wonder if some of the MPC members might have voted to drop rates? Looking at their forecasted assumptions, inflation is expected to be at or below … Continue reading The Oracle of Tech

EssilorLuxottica’s Grand Vision

  Market Scorecard Yesterday the US market opened in the green, putting the disappointment with the Fed behind it. The positivity pulled our market out of the red and gave us a green close. Then at about 19:40 our time, Trump hit Twitter to inform the world that more tariffs will be slapped on China … Continue reading EssilorLuxottica’s Grand Vision

LuxHOTtica

"This is a fantastic business facing a short term cycle slump in soft luxury. Currencies move in cycles and so do consumer demands. Great businesses like this will ride those waves. People will still be wearing glasses in 50 years time."   To market to market to buy a fat pig I read the headline, … Continue reading LuxHOTtica

Oakley Dokey

  "By these numbers one can easily see (sunnies on your head) that there is still plenty of room for growth globally. The sun may be very important to the successes of the likes of Tesla/SolarCity and the progress that Elon Musk makes for humanity, it is certainly very important for Luxottica. Like clockwork, the … Continue reading Oakley Dokey