Refusing to learn from Steinhoff

Podcast: Refusing to learn from Steinhoff

Simon BrownLatest, WorldWide Markets

Refusing to learn from Steinhoff Simon Shares EOH (JSE code: EOH), so the collapse was because of directors' margin calls that forced them to sell? This is an epic disaster, if it was my board I would fire them. A share price collapse has real consequences, especially for a company like EOH that uses their ...
Steinhoff, where there's smoke

Steinhoff, where there’s smoke

Simon BrownLatest, WorldWide Markets

Simon Shares Twitter poll for tonight's JSE Power Hour presentation ~ What's your expectation for the Top40 in 2018? Time for my annual poll .. What's your expectation for the Top40 in 2018 ?#JSE — Simon Brown (@SimonPB) December 4, 2017 Steinhoff, where there's smoke Markus Jooste has also quit Stenihoff (JSE code: SNH), Star ...
Trading buddies

Podcast: Trading buddies

Simon BrownLatest, WorldWide Markets

Trading buddies Simon Shares More downgrades as S&P Globals makes our local debt junk as well to go with Fitch. Moody's gave us 90 days which takes us to just after the February budget and if they drop us then we full on 100% junk, AKA Brazilian. The Rand is powering ahead trading in the ...
Stop fiddling, start trading

Podcast: Stop fiddling, start trading

Simon BrownLatest, WorldWide Markets

Stop fiddling, start trading Simon Shares I am traveling this week so recording on Monday and hence no thoughts. Naspers (JSE code: NPN) hits R4,000.00. Survey results are out. Up coming events; Position your portfolio for 2018 * I hold ungeared positions. Stop faffing, start trading I want to aim this mostly at the newbie traders. ...

Podcast: When it’s time to panic

Simon BrownLatest, WorldWide Markets

When it's time to panic Simon Shares Zimbabwean coup, or not coup or whatever. People are all asking me what's the best investment thesis here. There isn't one, a coup is not great for an economy. A democratic functioning state is what is good for investments. My comments last week about large M&A activity seldom ...
Too big to work

Podcast: Too big to work?

Simon BrownLatest, WorldWide Markets

Too big to work Simon Shares More highs locally and global for markets. And of course that makes everybody worried and certain we're about to crash. Well we will most definitely crash, just nobody (and I mean nobody) knows when. So as always ignore the doomsayers. Tencent buys a 10% stake in Snap, a clever ...
How important is a trading system?

Podcast: How important is a trading system?

Simon BrownLatest, WorldWide Markets

How important is a trading system? Simon Shares Famous Brands* (JSE code: FBR) results were nasty. Local was weak but the real issue is the UK GBP purchase that cost a bunch and is not performing. Long4Life (JSE code: L4L) is now 510c as I record. Nice price and a lesson that we must never ...
Books for traders & investors

Podcast: Books for investors and traders

Simon BrownLatest, WorldWide Markets

Books for traders & investors Books Trading Trading in the Zone – Mark Douglas (detailed review) Trend Following – Michael Covel (detail review) Reminiscences of a Stock Operator – Edwin Lefevre Investing One up on Wall Street – Peter Lynch (detailed review) Common Stocks and Uncommon Profits – Phil Fisher (detailed review) Effective Investor – ...
Managing the dreaded drawdown

Podcast: Managing the dreaded drawdown

Simon BrownLatest, WorldWide Markets

Managing the dreaded drawdown Simon Shares Local markets have been making new all time highs and right now the sellers look shell shocked and unable to exert any real downside pressure. Taste (JSE code: TAS) results were just a shocker and they need money fast, real fast. Pick 'n Pay (JSE code: PIK) results were ...