Today, one of my twitter followers who I’ve had an increasingly friendly rapport with walked me through a preliminary briefing on the investment landscape around the commodity, uranium. It was very enlightening, and I’m going to do a bit more reading into it once I get home today, and then get back with her to […]
Month: November 2015
Monday Link-Wrap
Here’s stuff I read about today: This Bloomberg analyst thinks the Fed already made a mistake by not starting its rate hike earlier. I agree, and I’ve been vocal about how the Fed should’ve raised since late last year, but hopefully, it’s not too late. After all, the spectre of inflation has been touted for […]
Ikeja Mall Is Now Owned By South Africans
Two South African companies, Hyprop Investments a real estate investment trust, and Attacq, a Johannesburg Stock exchange listed capital fund just bought 100% ownership of Ikeja City Mall a few days ago, at an undisclosed price. This represents a solid exit for Actis, a private equity firm, RMB Wesport and Paragon Holdings Nigeria, who owned […]
#BitcoinReads: ISIS has $3m worth of Bitcoin
During my #BitcoinReads today, I ran into some interesting information. Apparently ISIS, the terror group behind the recent Paris attacks has been using Bitcoin and other cryptocurrencies in their money laundering activities, amassing an estimated Bitcoin wallet of $3million (which amounts to approximately 9,000 Bitcoins). The claim was made by Jennifer Shasky Calvery, Director of […]
What I Learned About Bond Accounting
I wrote a post about a week ago (I always wanted to say that!), about municipal bonds, in this case those used to finance Miami International Airport. Well, during my research I learned something about how investment managers and brokers report the yield on bonds that is somewhat deceptive from an accounting point of view. […]
Valero Crushes Earnings, Dangote for the Win, and Nigerian Oil Wahala
I recommended Valero back in February and since then, I’ve been picking up their stocks, along with Chevron and ExxonMobil. Well, their last quarter reports came in a few weeks ago, and the absolutely crushed everything in sight. Earnings in the 2nd quarter of 2015 increased by over $1billion compared to previous year, due to “higher […]
The 8 Factors That Will Make Nigeria Rich
Every country wants to be rich, in order to provide for its citizens, and advance its place in the world. While governments come and go, and policies are made and unmade, I believe we should all remind ourselves what time and wisdom have proven are the top ingredients that enable a nation grow its wealth […]
