April - June 2007 articles archive home
Why it’s a bad idea
Most well-meaning parents tell their kids they have to ‘get a job’. They think it’s a good idea for them to trade their time for money.
Friday, June 29, 2007 ... more
Where bulls & bears came from
The most common explanation for the origin of the expressions bull and bear markets is that they derive from the way in which each animal attacks its opponents.
Thursday, June 28, 2007 ... more
Something about Charlie
The following extracts come from Damn Right! , the autobiography of Charlie Munger written by Janet Lowe: “And speaking of sin ...
Wednesday, June 27, 2007 ... more
An ongoing saga
In May last year someone sent me an e-mail that simply read “Lonely buyer of 1 million Cenmag shares at 9c. Does he know something we don’t?”
Tuesday, June 26, 2007 ... more
Learn from your mistakes
Looking at your winning investment decisions objectively is relatively easy to do. But, most people can’t bear to look too closely at their mistakes.
Monday, June 25, 2007 ... more
In praise of the sceptics
So what can we do to compensate for the fact that we are not capable of accurate predictions and don’t seem to learn from our experiences?

Friday, June 22, 2007 ... more
Betting on a big improvement
... to provide an earnings yield of 6.67%, Simmers will have to realize a net profit of about R500m ...
Thursday, June 21, 2007 ... more
Lessons from Anthony Bolton
Anthony Bolton, one of Britain’s most celebrated fund managers, announced recently that he was moving ‘upstairs’ at Fidelity ...
Wednesday, June 20, 2007 ... more
After everything’s been changed
Sometimes you have to wonder whether there’s any point in looking at financial results when the initial figures released can so easily be changed.
Tuesday, June 19, 2007 ... more
Pro forma magic
Which, presumably, couldn’t explain the increase in Beget’s share price by almost 40% on the back of the announcement … could it?
Monday, June 18, 2007 ... more
Welcome to the machine
Information is now a commodity. It comes indiscriminately, directed at no one in particular, disconnected from usefulness; we are glutted with information ...
Friday, June 15, 2007 ... more
So long as it looks cheap
I know it shouldn’t make a difference whether I buy 100,000 shares in a company at 27c each or 1,000 shares at R27.00 each.
Thursday, June 14, 2007 ... more
Surprise, surprise
I’ve been harangued by an individual who keeps telling me that it’s silly to suggest that any approach to the stock market will do so long as it works.
Wednesday, June 13, 2007 ... more
Is it me, or was it sloppy? Tuesday, June 12, 2007
Not bad, whichever way you look at it. Monday, June 11, 2007
The sooner the better Friday, June 8, 2007
Lucky buyers, could be luckier still? Thursday, June 7, 2007
10 good reasons to stay out of hospital Wednesday, June 6, 2007
In leaps and bounds Tuesday, June 5, 2007
Your own worst enemy Monday, June 4, 2007
Celebrating our ignorance Friday, June 1, 2007
Charlie’s contribution Thursday, May 31, 2007
The value of forecasts Wednesday, May 30, 2007
A dear market too Tuesday, May 29, 2007
Just the opposite Monday, May 28, 2007
Why idiots have all the money Friday, May 25, 2007
Better take care, better watch out Thursday, May 24, 2007
A little good news Wednesday, May 23, 2007
The sun, the moon and the market Tuesday, May 22, 2007
The minimum requirement Monday, May 21, 2007
The romantic view … Friday, May 18, 2007
Because there’s no profit in it? Thursday, May 17, 2007
Asset shift leaves super-rich more exposed Wednesday, May 16, 2007
Trickier, trickier, and trickier still Tuesday, May 15, 2007
The value of things Monday, May 14, 2007
To be or not to be … a Barbarian Friday, May 11, 2007
Risk: The Basics Thursday, May 10, 2007
Where the different money’s headed Wednesday, May 9, 2007
Rebuilding Tiny’s house Tuesday, May 8, 2007
Busted: five stock market myths Monday, May 7, 2007
Dealing with evil Friday, May 4, 2007
Looking at other options Thursday, May 3, 2007
So far, so good? Wednesday, May 2, 2007
On a day like today Monday, April 30, 2007
Stop loss – finding the right one Thursday, April 26, 2007
From a value perspective Wednesday, April 25, 2007
When you shouldn’t be investing Tuesday, April 24, 2007
Value of four words Monday, April 23, 2007
Five minutes with Morrie Friday, April 20, 2007
Panic! Thursday, April 19, 2007
Bandwagons and bubbles Wednesday, April 18, 2007
Don’t let dips ruin the long-term Tuesday, April 17, 2007
You may or may not agree Monday, April 16, 2007
Why some succeed while others don’t. Friday, April 13, 2007
What’s not to like? Thursday, April 12, 2007
When price = whatever + over-optimism Wednesday, April 11, 2007
Excuse me, while I ramble on. Tuesday, April 10, 2007
Day Trader's Aptitude Test Thursday, April 5, 2007
A tale of two stocks Wednesday, April 4, 2007
When to sell a winner Tuesday, April 3, 2007
Making decisions in the face of uncertainty Monday, April 2, 2007
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