Finance Minister

5.1K posts

Finance Minister

Finance Minister

@SAFinmin

가입일 Nisan 2017
431 팔로잉761 팔로워
Finance Minister
Finance Minister@SAFinmin·
If you feel panicky about the ZAR. Here is a 10 year graph. We’ve got this
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Moms 💖 investing
Moms 💖 investing@mommy_moneyza·
“We look at exceptional achievement and assume exceptional genes. Usually, we are looking at an exceptional culture.” It’s about the culture!
Michael Strong@flowidealism

A tiny country produced half of the mathematical geniuses of the 20th century. To an unrecognized extent, it was coffee shop culture. Hungary gave us von Neumann, Erdős, Teller, Szilard, and many others. Scientists called them "the Martians" because their brilliance seemed otherworldly. It was in the Budapest coffee shops where mathematicians gathered. Where problems were discussed openly. Where young people could observe and join. Where intellectual passion was the social currency. The Minta school created a culture of mathematical problem-solving. Students competed in mathematics journals. The brightest minds mentored the next generation in cafes, not classrooms. We look at exceptional achievement and assume exceptional genes. Usually, we are looking at an exceptional culture. The environment that produces world-class thinking has consistent features: immersion from a young age, visible role models, peer cultures that reward intellectual engagement, and opportunity to practice with real problems. Classrooms with a standardized curriculum and age segregation produce none of these features. The Martians were not born on Mars. They were raised in a culture that valued what they would become. We could create such cultures again. We choose not to because we believe standardized schooling is the only way to educate children.

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Brad Setser
Brad Setser@Brad_Setser·
That's my take on the big first order effects on the big regions of the global economy -- There will of course also be important impacts on all the middle powers that are oil importers (Turkey, India, Pakistan, etc) ... 25/25
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Brad Setser
Brad Setser@Brad_Setser·
Petrodollars! Nothing produces more heated discussion and, in my experience, less insight. Myths trump facts, because the actual data is a bit obscure -- But here is the most important thing to know. Before the Hormuz crisis, the flow of petrodollars had more or less dried up 1/many
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David Orr
David Orr@orrdavid·
Besides short oil, what's another way to bet on the Iranian war ending with a great result within 3 weeks? Something obvious, not convoluted. Also, anything with options?
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Tuki
Tuki@TukiFromKL·
🚨 so let me get this straight.. the Pentagon blacklisted Anthropic.. labeled them a "supply chain risk".. the first American AI company ever to get that tag.. I talked about this when it happened.." and now.. they just adopted Palantir as their CORE military AI system.. the company co-founded by Peter Thiel.. the same guy who just put $2 billion on a cow collar.. Palantir tracks humans across borders.. monitors communications.. runs predictive targeting for intelligence agencies.. and the US military just made it the backbone of their entire system.. $PLTR is up 17% in a month.. because war is the best product-market fit in history.. Anthropic said "we won't build weapons".. Pentagon said "cool.. you're out".. Palantir said "what do you need".. Pentagon said "everything".. you can have ethics.. or you can have the contract.. but the country already decided which one wins wars..
unusual_whales@unusual_whales

Pentagon to adopt Palantir AI as core US military system, per Reuters.

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DaVinci
DaVinci@BiancoDavinci·
just WOW
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Finance Minister
Finance Minister@SAFinmin·
@KoosKanmar Compliance, regulation, King Code... i can list a few more. Transformation applies to all companies in SA, but these apply to listed companies only
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Finance Minister
Finance Minister@SAFinmin·
$JSEMRP. The market has now slashed about 2x the value of the NKD transaction off the MRP Mkt cap. Basically saying it's going to be worthless and it will cost as much again to shut it down/give it away later? That's extreme.
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Finance Minister
Finance Minister@SAFinmin·
(very) Rough indication of what's happening to the price of $JSESOL's offshore assets.
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Finance Minister
Finance Minister@SAFinmin·
And our terms of trade has been hit from both sides - export prices falling and import prices increasing. Suggest more and stronger pressure on the ZAR to depreciate
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Finance Minister
Finance Minister@SAFinmin·
Not meaning to add to the doom-porn on here, but for South Africans, the change in the ZAR oil price over 10 years had now gone from 5.2% per annum to 11.6% per annum in a few weeks..... Remember - this is fairly volatile (as the graph shows). My sense - this will correct again
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Albie Cilliers
Albie Cilliers@albie_cilliers·
Piet Viljoen one of the few asset managers not afraid to publicly call out what everyone knows : "Executive remuneration at many JSE-listed companies is a disgrace " Go read it -> mailchi.mp/recm/regarding…
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Terry Marc
Terry Marc@Marcute22·
Longtime users are frustrated with X because it no longer works the way it used to. Back in the early days of Twitter, your reach was simple and direct. If you had 5,000 or 10,000,20,000 followers, your posts were delivered to them in real time. It was a true chronological feed—your tweets showed up in the order you posted them, and your audience actually saw your content. The “old” Twitter (pre-2016) was built around that real-time experience. Your voice reached the people who chose to follow you, without interference. Today, that’s no longer the case. X relies on an algorithm-driven, engagement-based feed, meaning even your own followers may never see your posts unless the system decides to prioritize them. That shift—from a guaranteed audience to an unpredictable algorithm—is why so many longtime users feel frustrated and disconnected.
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LT_Investor_SA
LT_Investor_SA@LT_Investor_SA·
MRP says NKD will focus on Germany … same market where NKD stagnated for past 15-20 years ! Hint : Pepco made a quick exit from Germany after testing a batch of stores for descent period. And Pepco is successful all across CEE where NKD didn’t make the grade !
Daily Investor@DailyInvestorSA

Mr Price shares gained as CEO Mark Blair defended the South African clothing chain’s purchase of the retail business of NKD Group, after mounting concerns it may have overpaid in its push into central and eastern Europe.  dailyinvestor.com/retail/124650/…

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Finance Minister
Finance Minister@SAFinmin·
Interesting developments in the Cash market... 1-year rates just broke higher. Have to keep an eye on this one
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