The longer you wait to fix your life, the harder it becomes.
Not because of money or time, but because of habits.
The person you become because of bad habits,
and the longer you remain that person,
the less capable you become of ever being someone who can fix their life.
1/
Get a cup of coffee.
In this thread, I'll share with you some thoughts on portfolio optimization.
This will help you understand: a) the basic math of optimization, and b) under what circumstances it makes sense to choose investments that maximize CAGR/IRR.
Blackrock manages more money than God.
So when they talk, you better listen…I did!
They addressed the 5 biggest fears facing investors.
Time for a thread 👇
Apple is the greatest cult in the world.
And every cult needs a place to meet.
Welcome to the Apple Store.
Here is how Steve Jobs built the most profitable stores of all time👇
An inside view of a $30 billion hedge fund that you might not have even heard of: Select Equity
In this thread I’ll go over the fund’s story, their investment strategy, historical returns, couple of their actual stock pitches, and the current holdings in their portfolio 👇
1/
Get a cup of coffee.
In this thread, I'll walk you through one of Warren Buffett's earliest business ventures -- his Pinball Machine Empire.
This "case study" can teach us a lot about great businesses -- how they work, what characteristics they tend to have, etc.
FINANCIAL STATEMENTS 101
Someone chatted to me the other day and spoke about Expenses on the Balance Sheet. I know many will laugh, but not over here please. This made me realise I might be speaking over some people’s heads and need to take a step back.
Ever wondered what happened to Score Supermarkets?
In 1999 Pick 'n Pay acquired a 50% stake in Score for R16m with an option to buy an additional 25%, or up to 75% of Score's shareholding.
In 2007, PnP Group decided to convert the Score stores into Pick n' Pay and Boxer stores.
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