Sound Money is the challenge and opportunity of our lifetime. Unsound money is the cause of numerous social ills. Bitcoin is solution as important as previous tech revolutions. Educating, advising and managing capital through this powerful transition.
Capitalism is such a despised and derided term that I often dissociate myself from it. Cowardly? Perhaps. But I don’t think there is anything necessarily wrong with my view. Humans adjust to the world around them and identify themselves with terminology that creates a positive association. As my friend Russ Lamberti says, (paraphrasing) “people are … More Capitalism: A straw man for the world’s problems
Nassim Taleb’s first book is absolutely scintillating – I can’t believe it took me so long to read it. I really appreciate Taleb’s ability to cut through the noise – encouraging people to focus on good quality information that either have a statistically significant impact on our lives or those that where we can actually … More Book review: Fooled by Randomness
Buddy Wells contends that my article “Inflation is unequivocally bad for the poor – why is the Reserve Bank targeting 6%” doesn’t hold water because I haven’t accounted for cost push inflation. For the sake of space I kept the cost-push-inflation discussion out of my previous article but I’ll happily explain in this article why … More Inflation is inflation, is inflation, is inflation – responding to cost-push inflation
The recent attack on the South African Reserve Bank (SARB) by the hierarchy from South Africa’s ruling political party the African National Congress (ANC) is most likely another attempt to regain the political narrative in the cloak and daggers world of South Africa politics. Rather than allow media to focus on state capture and South … More Inflation is unequivocally bad for the poor – why is the Reserve Bank targeting 6%?
Bitcoin is an exciting technological innovation with the potential to disrupt or at least shape the financial world. It is however a complex technology that requires a significant amount of intellectual investment to understand properly. Dramatic price increases may tempt some armchair investors to dip their toes into the cryptocurrency world but it is critical … More Bitcoin – a financial innovation for the 21st century
50 years ago if you read the newspaper on a daily basis you were probably considered smart and knowledgeable. This is no longer the case – bad information, disinformation and misinformation are rife. In the information age there is an abundance of information providers trying their utmost to get you to sign up their free … More Fighting back against Information Commoditisation through twitter
This article was written for Investment Solutions and appears on their website (http://blog.investmentsolutions.co.za/strategic-investment-opportunities-as-low-returns-persist/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20InvestmentSolutionsUpdates%20%28Investment%20Solutions%29) but the graphs aren’t as clear as I would like so I’m re-posting them here. If we pull back the lens from the day-to-day noise reported in the financial media, we see that returns on traditional financial markets meandered lower again in … More Active investment decisions required as low returns persist
Useful overview of recent political developments. It’s good to read this type of overview to be reminded of a few historical elements which can easily be forgotten. It also allows one to take a broader view of political developments. On a slight negative note, I actually read the book a little bit too quickly. I hoped for … More Book Review: When Zuma Goes by Ralpha Mathekga
The battle to control the South African political narrative has reached fever pitch as various special interests try and sway popular opinion. A comment from the new South African police commissioner Fikile “Mr. Razmataz” Mbalula caught my eye this weekend as he tried to paint former Finance Minister Gordhan as an enemy of “the people” and score a … More The battle for the political narrative – Pravin Gordhan is a statist socialist, not South Africa’s market friendly saviour
A friend set a challenge – a brief written motivation for bitcoin. Bitcoin is the first fully decentralised value transfer mechanism. The current financial system is centralised with reliance on trusted intermediaries to complete all value transfers, which is problematic. We rely on central banks to protect the value of our currency, government to make … More The liberation of money – A revolution worth fighting for
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