It finally happened. Apple Inc. became the first company to hit a trillion dollar market capitalization ever in the history of everything. This is a legendary moment. From the days when Apple was almost going under, to the re-emergence of Steve Jobs and the creation of the iPhone, this is one of the most remarkable […]
Tag: growth
Company Profile: Evolution Gaming
Man, I haven’t shared company specific anything here in so long, it’s an abomination. I owe you all an apology. It’s not even a matter of telling you all why, I just have to straight compensate you all at this point. Especially the more investment minded of you. Pele. Anyway, one of the companies that […]
One Month Hiatus: Investment Club, Real Estate, Financial Markets and Other Updates
Whew! This is exactly one month since my last post on here. I didn’t mean to do you all like that but your boy was very very busy. A few updates: the investment club I talked about in April is up and running now. We have around 70 people, and it’s growing. We kicked off our […]
What Is the Ex-Dividend Date?
The other day some of the dividends of my holdings got deposited into my brokerage accounts, notably Brown-Forman and ExxonMobil. It’s always a rewarding feeling no matter how small the money is because here is money that I’m being paid just for owning a small piece of a business that is out there generating income […]
How Can Nigeria Return to Economic Growth?
The fact that someone like Amaechi, who thinks the previous administration hid a recession from the people which the President he worked for has now graciously uncovered, runs our Ministry of Transport should tell you that ours is a country that does not take itself seriously, let alone demand seriousness from any one. Yet nothing creates urgency […]
Compounding Works Everywhere, Not Just in Finance
The jury is still out on whether or not Einstein really called it the greatest force in the universe or some such, but compounding is one of the most amazing things in existence. The fact that given little inputs over a long period, one can harvest several orders of magnitude more in results than the […]
People Are Too Pessimistic About the U.S Economy
I happen to think that a lot of the concern about the US economy is a bit overdone. Yes, in the short term there are challenges. For one, the market, having enjoyed years of Low interest fueled rise is losing that steam and with the Fed raising rates, it’s inevitably going to trend lower. Earnings […]