Adversity is Not New

  Market Scorecard Yesterday we saw markets move like one way traffic, from low to lower. The US market has now dropped over 20% from its all-time high, meaning that we are officially in a 'bear market'. As some bright spark noted on Twitter last night, if we are only down 19.99% we still is … Continue reading Adversity is Not New

Buffett piles into sticky Apple

"... essentially going out and finding out as much as you can about how people feel about the products that they ... it's just asking questions, basically. And Apple strikes me as having quite a sticky product and enormously useful product that people would use, and not that I do."   To market to market … Continue reading Buffett piles into sticky Apple

Sashole

"Whilst results themselves are not expected until August, the market chose to sell first and then ask questions later. An increased project cost in Dollars (to 11 billion Dollars now) coupled with the weakening Rand means that gearing will have to rise more than anticipated, and more importantly for shareholders, there will be a delay, … Continue reading Sashole