i) Books I've read so far in 2023: - Made in America - Sam Walton - The Fish That Ate the Whale: The Life and Times of America's Banana King - Rich Cohen (a masterpiece) - The First Tycoon: The Epic Life of Cornelius Vanderbilt- T.J. Stiles

“Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.” - Charlie or Buffett?

Your job as an investor is to distinguish between the risks worth taking and the risks disguised as safety.

Failure is not terminal, and success must be scaled.

“Successful investing is anticipating the anticipations of others.” – John Maynard Keynes

dailymaverick.co.za/article/… Corporate Pirate is a little harsh, no?

Dogs bark at what they don't understand. This is not about dogs.

Bula Tsela, Phuthuma Nathi, Richemont, Bidvest, Bidcorp, Woolies, Shoprite, Sasol Khanyisa dividends and many more. #KaChing It's been a good season for diviz.

"If you’re smart, you don’t need leverage. If you’re not smart, you shouldn’t use it.”   - Warren Buffett

No surprise here, Brent is up 78% year-to-date. $JSESOL

Cycling hasn’t solved all of my problems, but it rarely make them worse.

Dogs bark at what they don't understand.

Both is better, just not in that split!

“The riskiest thing in the world is the widespread belief that there’s no risk.” — Howard Marks

“Praise by name, criticize by category.” – Warren Buffett

Moderna may have solved the skin cancer Rubik's Cube. $MRNA

“A good decision is based on knowledge and not on numbers.” – Plato

Good night! $PLTR

If you are 4 times geared (4x leveraged), it only takes a 25% drop in the underlying asset to completely wipe out your investment.

Diversification isn’t about owning a lot of stocks, it’s about owning things that won’t all fail at the same time.

"I think the advice to avoid market timing is, for almost everyone, quite good." - Cliff Asness