The most recent quarter, Apple sold 75million iPhones, a whole bunch of other devices and walked away with $18 billion in profit. For that quarter alone. First perspective: $18 billion is NASA’s entire 2015 budget. With that windfall, Apple currently has $178 billion in raw cash on their balance sheet. Second perspective: Celine Dion gets […]
Month: January 2015
2015 A Brief Portfolio Update.
This is a follow up on my last year’s quarterly review found here A bit of good news came my way, so far. You remember the Nigerian edition of currency risk that happened last year where the naira, which we had been artificially keeping up, fell precipitously, due to lower oil prices. You can get […]
Halima: A Short Story
One cool evening at the Baloguns’, he and Halima had stood in the backyard outside the kitchen, looking out into the quiet skies. They were talking. It got really dark after a while, and even though he was supposed to join the others back inside, he wouldn’t. Every now and then, someone would come into […]
Love Lost
I’ve been staring at the sky since my love took off my heart is a runway. My clouds are treacherous but you’re a LearJet built for flight. Leaving these dark skies behind Leaving me standing silently in the night. Leaving me food for thought. It’s been six weeks since I spoke to you And I keep […]
On Biblical Inerrancy:Is the Word of God True?
Edit: A lot of people were missing the context to this post and extrapolating my views far beyond what I meant. If it helps, read this work at Newsweek first nitpicking this historical inaccuracies of what we know as the Bible today. My point is that even if the narrative is inaccurate, the message is […]
#SaiBuhari: My 5 Main Reasons for Supporting GMB
Come February 15th, Nigeria will either reelect Goodluck Jonathan for another four years, or elect General Muhammadu Buhari as the new President of the Republic. It is my sincerest wish that the latter outcome is one we end up with. There are solid arguments to be made for Buhari’s presidency, some of which have been […]
How to Value A Stock: Exxon Mobil
So you want to buy a stock. Or in my preferred terms, you want to become a part owner in an ongoing business.You’ve opened your retail brokerage account, dumped a couple thousand in it, and you’re ready to pick a few publicly traded companies to buy shares in. The question you want to answer though, […]