Simon Shares

• Berkshire Hathaway’s vice chairman Charlie Munger dies at 99
  • Top 10 Charlie Munger quotes:
    • “Spend each day trying to be a little wiser than you were when you woke up.”
    • “The best thing a human being can do is to help another human being know more.”
    • “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
    • “In my whole life, I have known no wise people who didn’t read all the time — none, zero.”I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.”
    • “The big money is not in the buying and selling, but in the waiting.”
    • “You don’t have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long time.”
    • “The first rule is that you can’t really know anything if you just remember isolated facts and try and bang ’em back.”
    • “There are worse situations than drowning in cash and sitting, sitting, sitting.”
    • “The game of life is the game of everlasting learning. At least it is if you want to win.”
• Ten days in Mauritius
  • GDP ±4%
  • Unemployment ±6%
  • Per capita GDP ±US$10k
  • Expensive if you are a tourist, cheap if you eat local
• Pepkor (JSE code: PPH) results show higher rates hurting interest bill and port delays.

Thursdays are all about hard-core investing and trading with Simon Brown’s famous JSE Direct podcast. JSE Direct started life on ClassicFM in July 2008 and became a podcast in 2011. Every week Simon shares his views on the state of global economies, individual shares and events moving markets.

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JSE Direct is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.