• Time is money, or is it?

    By | Monday Newsflash

    Amazon CEO, Jeff Bezos, took a victory lap recently by calculating the total amount of time Amazon Prime has saved for its customers. He said if you assumed that a typical Amazon purchase took fifteen minutes and saved you a couple of trips to a physical store a week, you would save more than 75 hours a year. We often hear other people complain about a lack of time and even do so ourselves, so perhaps Jeff is on to something and maybe that is exactly why his company is so successful. Read More

    What is your inflation rate?

    By | Monday Newsflash

    Inflation is the increase in prices of goods and services, usually measured annually. It is of paramount importance that the value of your income or assets should increase by at least the same percentage as inflation to ensure that you do not have to use more of your income or assets to buy the same goods or services you bought a year ago. Read More

    Things keep on changing

    By | Monday Newsflash

    Consider this; twenty years ago none of the following existed: iPhone, Facebook, YouTube, Twitter, TikTok, Instagram, Android, iPad, Gmail, Tesla, WhatsApp, Bitcoin, Netflix, Chrome, Messenger, Zoom, Google Maps, Amazon Prime, Airbnb, Uber, Skype, Spotify and SpaceX. If all of these are taken away again, how would your life be impacted? It is safe to say that none of us would be able to communicate effectively if iPhone and Android disappeared, and without them most of the others would be useless. Read More

    Equity returns over the long term

    By | Monday Newsflash

    If you look at the graph of the last 120 years on the S&P500, you will see that we are currently living in a small downward blip when it comes to equity returns. As a matter of fact, we are already out of the blip and higher than when Covid-19 started. You have two types of people in the world: those who see only danger and those who see only opportunity. Okay, that is a bit of an exaggeration, there is a wide continuum between those two extremes. The point is, positive people outperform negative people without even trying. Read More

    Bitcoin, too big to fail?

    By | Monday Newsflash

    Bitcoin is approaching $60 000 and predictions are that it will go to $100 000 soon. We have mentioned Bitcoin before and we have also said that JWR cannot give advice about Bitcoin, but it does seem that Bitcoin is here to stay. And so, it seems, are crypto currencies in general. In our writings about Bitcoin in March 2018 and October 2019, and even before that, we mentioned that Bitcoin was something that old-school investors like Warren Buffett could not value; governments did not like; and universities did not teach. Read More

    To the Moon and back

    By | Monday Newsflash

    It has been a month since NASA’s Perseverance Mars Rover touched down on Mars and a year since COVID-19 struck. Humanity has been battling the pandemic over the last year and we are winning the battle. The price we are paying, however, is very high – not only in the loss of life but even more so in the loss of livelihoods. But, as with most things in life, if we focus on the solution rather than the problem, we find that we can actually discover new and better ways of doing things. Read More