Wealth Growth
The 2022 Africa Wealth Report published by New World Wealth, a global wealth intelligence firm based in South Africa provides a comprehensive review of the wealth sector in Africa, including trends among high-net-worth individuals (HNWIs), the luxury market, and the wealth management sector on the continent. The report has interesting insights and one thing that stands […]
Timing is Everything
Piggy recently came across an interesting quote from Sherlock Holmes which says, “The world is full of obvious things which nobody by any chance ever observes”. The statement gives a picture of a world that has lots of opportunities that most people just do not see. Very interesting indeed. But there is also the issue of […]
The Amazing Turtle Trading Story
Richard J. Dennis In his article titled “Beware of Charles Ponzi”, Piggy looks into how two personalities became the “face of financial evil” and led to the death of trust in investment circles. However, it would be careless to paint every portfolio manager or trader with the same brush as there are indeed some good […]
Beware of Charles Ponzi
The attraction of Ponzi schemes never ends as this has been confirmed by gullible participants that end up losing life-time savings. In his Theory of Gullibility, Greenspan (2009) considers gullibility to be a sub-type of foolishness. He defines a foolish act as, “one where someone goes ahead with a socially or physically risky behaviour despite […]
Passion Investing
Investing is no longer driven by just ticker symbols and traditional asset classes such as shares, properties, and commodities. This has changed as there is now room for passion-aligned investing that extends from digital art to sports clips and cat cartoons. A new trend that is baffling many is that of the investment in Non-Fungible […]