Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
In energy matters, the government appears enslaved by ‘first world’ norms and standards
The accused were arrested as part of a Hawks operation to nab alleged instigators who incited public violence during looting and destruction in 2021
Nedbank failed to comply with certain provisions the Financial Intelligence Centre Act
Mudiwa Gavaza is joined by Larry Masson, a financial adviser and franchise principal at Consult by Momentum.
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
US attorney-general Merrick Garland has asked a judge to unseal the search warrant for Trump’s home
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Rushdie’s condition is not immediately known
I recently listened to a conference call by an investment manager I hold in high regard. His investment style can be best described as “high quality”. This is in contrast to the traditional “value” manager who searches for unloved stocks the market has pushed to unjustifiably low multiples of earnings or book value. It is also in contrast to the typical “growth” manager, who is prepared to pay high multiples to buy (often less well-established) companies that are growing their revenues or earnings (better yet, both) at very high growth rates.
The high-quality manager typically invests in high-quality businesses with durable franchises that grow their revenues dependably at GDP-plus rates and, due to operational leverage, their operating profits at a slightly quicker rate than this...
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