The Communism of Capital

Economically, politically and technologically, we are all in uncharted territory. The pool of “known unknowns” and what I suspect are “unknown unknowns” is wide, deep and vast. And then we get Japan. For some background to Japan’s current economy, read this … Continue reading

Warning Signs: Retailers, Shopping Centres & Retail REITs (Part 2 of 2)

See ‘Part 1’ of this series here. There are three harmonious parts to a Real Estate Investment Trust (REIT): Income: These are predominantly rentals from tenant renting space from the REIT. The lower the vacancy rate and the faster rentals … Continue reading

Active vs Passive: The Current Narrative is Wrong

The current narrative of the “Active versus Passive” (AVP) debate is wrong. It has been cleverly dominated by the ETF providers and their salespeople to focus the consumer solely on costs. Coupled with a singular focus on costs, the ETF providers … Continue reading

One-Liner Company Updates

We’ve been working our way through the bi-annual reporting season on the JSE and we are starting to get a good sense of where things are going. Or are not going, as the case may be. While the malaise that started … Continue reading

CSG Holdings: Growth of an Industrial Services Group

CSG Holdings (CSG) is a stock that I hold in the AlphaWealth Prime Small & Mid Cap Fund. I have previously touched on why I like the stock before (Five Lessons I’ve Learnt in Small Caps), but I’ve never really gone into any … Continue reading