@Jordan___Rob @nikita_helene I always do that for more sophiscated tasks. The cost difference vis-à-vis functionality is still dramatic
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Mandela Ivan
804 posts
Mandela Ivan
@mandelaivan
Lets talk Agricultural Value Chains and SME Finance for Africa. Financial Analyst(Chartered), Young CFO of the Year 2020 @ACCAUganda & @DeloitteUganda
เข้าร่วม Kasım 2011
510 กำลังติดตาม376 ผู้ติดตาม
@mandelaivan @nikita_helene Nice make sure you give consideration to technical debt as you build with an agent
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i've finally given up on claude. not subscribing again
hello chat gpt, my old friend
i've come to talk with you again
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Mandela Ivan รีทวีตแล้ว
🗣️ "They don't have a genuine superstar at the top end of the pitch"
@Carra23 says Arsenal lack that special player that other title-winning teams have had.
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@mandelaivan @KakandeAlex @TheMutaD What should we say of Mengo SS, a day school that often outcompetes all these!
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1. Gayaza High School
2. Ntare School
3. King's College, Budo
4. Mt. St. Mary's College, Namagunga
5. Namilyango College
Kakande Alex@KakandeAlex
@GraceYuhi @TheMutaD Grace and Dan, which 5 schools (school fees not withstanding) would you truly recommend in 1 single go for an all rounded experience of education of a child and Why.
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@KakandeAlex @TheMutaD Number 2 produces the most well rounded individuals for sure. It's the only school with an open gate policy, self service in the dining, zero crowding at canteens and no 5am preps. Yet kids score top grades.
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@TheMutaD We see you at number 2.
But I’m surprised Namugongo isn’t here at all yet it seem to be rated by many at many fronts
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The service was already worsening without AI, your AI integration that gives such responses is designed to make it worse it seems.
Stanbic Bank Uganda@stanbicug
@kutegyekaivan1 @BajeProducts Hello @kutegyekaivan1, sorry about your experience at our branch that left you feeling uncomfortable and frustrated. That’s not the kind of environment we want for any of our customers. We are looking into it. Kindly DM us your contact details so that we reach out and support.
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Mandela Ivan รีทวีตแล้ว
Key word is diversify.
Anyone who has Real Estate investments ( of which 90% fall in this category. ).
Time for you to diversify into capital markets. Buy Bonds. Buy Shares. Invest in unit trusts.
Do invest in Offshore Equities too.
Don’t buy low growth Real Estate no more
Fahad 🇺🇬@Fahad_B_Jr
Key word. Diversify If you have all your investment in real estate - land, property, farm land etc. Diversify (not sell all) your portfolio (based on your investment plan) in other assets with different profiles - risk, return Investment portfolios should be diversified
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@nikita_helene @ponton_alex I think it depends on how much time you have to recover in the event of a complete loss. Losing 50m out of 200m for someone under 35 should be OK. That is how the wealth creation engine forms. The portfolio strategy applies from day 1 in my view.
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@ponton_alex i think 50m is too much for a first time business person.
still a good idea to try entrepreneurship.
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It depends how much time they have but I would agree.
If you are unemployed and can't find a job (say you inherited the money) I'd say use part of that money (max 50M out of the 200m and that's high) to start a business.
You will learn skills that will be worth the foregone 7.5m per year.
Keeping 150m invested in bonds achieves 2 things:
- Gives you a safety net to focus
- Forces you not to thrown money endlessly at problems which is the reflex folks have when they have money laying around...
If you are formally employed, apply the same idea. Look at what skills your boss and his/her boss have. Invest in getting those skills.
That's it.
Helena La ShowGirl ❤️🔥@nikita_helene
what's the advice for those investing their 1st 100m - 200m? they can't diversify by having 25m in a family house, 25m in a rental, 25m in whatever etc the house alone will swallow up the entire 100m-200m bonds are the obvious choice for 1st 100m-200m after that, diversify 🤷🏾♀️
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@ponton_alex Great breakdown. Plain vanilla bonds and inflation protection can not appear in the same sentence when compared against real estate. Bonds have a clear role in a portfolio that needs more emphasis
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Let's say I own a house rented to an Embassy (I am doing this to remove the credit risk and ability to pay element). Assume also that the house is fairly priced...
Inflation goes through the roof and my contract is up for renewal. I CAN INCREASE THE RENT!!!
You can't go to BOU and say, "hey governor, please increase my coupons". You are stuck...
In this case, holding everything else constant, my house maintain its value and the bond goes down...
Don't confound the fact that the market is potentially overvalued with the fact that Real Estate has inherent inflation protection which a fix contract with the government doesn't...
Whether houses are overpriced and risky in their own way is a completely different conversation...
Kakande Alex@KakandeAlex
Older investors only get crushed if they sell. But if they hold. No. They don’t. And we are talking about investors not traders here. 2. That means Treasury bonds are better inflation protector as the market adjusts to inflation. Can we say the same to rentals ?
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Only if 1) they were a wrong hire in which case you should let them go 2) you don't set the rules and culture right 2) their compensation and work environment is below a reasonable human expects. They are like anyother employee that needs to be trained,compensated,rewarded and managed with a clear set of values and culture.
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@solomonking The trouble is that, when you extend some courtesy, most of them abuse it. They start packing food, both cooked and uncooked
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Y'all are really, really are unkind to people you consider "less than" you.
All of the people in these comments would absolutely riot if their employers talked about them like this.
They'd probably even take them to labour court for discrimination.
Small girl 🙈 big God 💪@TheOnlyKemi
I have a genuine question for everyone. If you have a cleaning person who comes to your home and leaves on the same day. Do you offer them food? Recently, my regular cleaner asked if he could have some garri to eat while I was eating, and it made me feel a bit uncomfortable. I've thought about this before, but I'm concerned that offering food might create a sense of familiarity since I’m already paying for the service. What do you all think?
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@missnBri I will attend these just so I can resurrect my Runyankore
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I think the pricinple of portfolio based investing is what builds the market. An 20-35 yr old should not invest like a 50yr old, unless they are luckily married to wealth like Nikita. Some risks have to be taken for us to lip into the next phase of wealth, and bonds alone won't get us there. But they have a critical role they play in moderating risk in a portfolio, even for a 30yr old. A 70yr old like Kasingye has no business investing in real estate, he is better off with more fixed income assets in the portfolio.
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More reason you should listen to The Treasury Bonds people not the Car Bonds people and land people.
A house maybe someone injected in over 250 million has been on market for now over 6 months and now it’s at 230 million.
Buy T-Bonds to avoid such huge losses
The Housing Mafia@onlyzeno
Don't listen to Bond people. Quick sale House: Kasangati Kitti 4 beds | 4 baths on 12 decimals PML Price now: 230m Ugx from 350m Ugx
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@KakandeAlex Behaviourial Finance! Its easy for him to say that after the fact. Mathematics builds wealth, but psychology builds houses that are intended to be homes. The emotional ROI of a dream home for a 30-40 year old beats a 10-20% yield.
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“Why do we build personal mega projects for families? Be wise. Be humble.
Be simple. Invest your money in businesses that give you cash flow than big personal houses that you can’t even give a coat of paint in your retirement age.”
AIGP(Rtd) Asan Kasingye@AKasingye
#UnpopularOpinion #660. From living in a government pool housing apartment when I was a young officer, to a bungalow as a senior officer, now making final plans to live in an apartment again as a retired officer. Life goes into circles. When all lights get shut one by one & the children choose to abandon the old styled bungalows to the now trending condos, you find yourself living with your wife just the same as when you had just married, but this time in a huge empty house. This applies to the huge farm house in the village that you erected during your prime. Children don’t want to even celebrate Christmas with you. It’s left to a care taker who if not careful, will enjoy your marital bed with village “belles”. Why do we build personal mega projects for families? Be wise. Be humble. Be simple. Invest your money in businesses that give you cash flow than big personal houses that you can’t even give a coat of paint in your retirement age.
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Researchers create knowledge and provide answers to theoretical questions, entrepreneurs translate the knowledge into solutions,products and processes etc
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an industry that fundamentally thrives on research for both its survival and advancement. I think we need multiple actors with specialized roles and skillsets.
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Perhaps your intention was to question the quality of PHDs and/or the quality of research, which is valid. Otherwise, this is would be a surprising argument for someone who made it retailing medicines,
Anthony Natif@TonyNatif
My argument isn’t that PhDs don’t lead to direct impact. My argument is that they need to do more to translate theoretical research into real-world impact. It’s what I’m calling closing the “know-do gap”.
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The private sector survives on an "environment" of policy, infrastructure, talent (skills and knowledge derived from education, research & practice) & good governance that ensures commercial justice & fairplay. Bad PR results from one of those going wrong, not the other way round
Anthony Natif@TonyNatif
Now I’d like for someone to ruminate on the ramifications of such sudden capital flight and how reports like @LarryMadowo’s drive it even higher… After that, we shall probably be ready to have a people-centered conversation.
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@kasujja Had a similar experience on my first and last flight with them. The incompetence off the cabin is quite obvious
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Banange Uganda Airlines can test even its most hardcore supporters like me.
Besides having an amazing crew.. dedicated to what they do…
It doesn’t seem like customer experience is a priority.
I’ve been calling their Entebbe line for days. It rings, no one answers.
They used to have a useful WhatsApp line that was efficient and responsive. They started by ignoring messages. It’s now one tick.
The major surgery required is no longer elective.
It’s now an emergency!
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@ponton_alex We can’t be selling gorillas, when the roads to the parks are broken, when air quality in the city is the worst in the region and when we have no regard for human rights. No one enjoys transiting through a chaotic city with potholes and filthy neighbourhoods.
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@ponton_alex Tourism from my perspective as a tourist, is about experiences, created not just by natural tourist attractions, but by good infrastructure, order, rule of law, culture etc.
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I think it's a failure of imagination from our tour operators and the industry broadly. You want tourists to have a memorable time...
Take them to eat a big fish at the Gaba Fish Market
Take them to visit the Kabaka Palace..
Take them out to experience the KLA nightlife
Take for a dance class with the Masaka Kids
Take them to film their own short movie with the Wakaliwood folks...
Now none of this is possible if:
#1 The infrastructure of those activities gives a low-budget vibe. I am not saying we denature the gaba market for example but proper sewage and easier parking seem like low-hanging fruits...
#2 Getting to Bwindi takes the whole day and there is nothing to do on the road. We need a step-up from the plastic chairs kafunda vibe of the Equator....
#3 We have the Masaka Kids, we have Wakaliwood, we have @NyegeNyegeFest, we have a hotel where Ernest Hemingway almost died. Folks travel and spend for those unique experiences....
#4 They are not harassed by traffic police during the full journey and don't feel like Uganda isn't safe and predictable. Every time a tourist sees their driver "negotiate" with a traffic officer, it sends a "let's get out of here" signal to tourists...
You want tourists to leave Uganda with empty pockets? Make it easy for them; all the pieces are already there...
Amos Wekesa@wekesa_amos
Uganda Tourists spend 60% less! Why? An average tourist visiting Uganda from outside African continent spends 8 days with spending power of averagely usd 250 a day. Definitely less per day for a regional tourist averagely, very very few of the regional ones spend more than those from outside Africa. They will spend on accommodation, food, entertainment, shopping , entrances to places of interest, activities etc Countries that are very commercially oriented like Dubai, will guide you where spend your money the moment you step on emirates. The airports will be massively commercial in nature and every thing sold will be born out of research. Information points will have information officers who are extremely well informed and know the power of earning for their countries, the airport taxi drivers influence spending habits since they understand how their economies benefit from tourism. The hotel receptions will guide maps that will guide you to where you can spend your money. Countries have several apps that make it easy for guests to spend money in their countries. The general population too knows it’s important for tourists to spend money in their economies. If you have visited countries like Mauritius, everything is for tourists to spend on. Factories are tourism attractions too and create experiences for tourists to spend money. Tourists in Mauritius spend billions of dollars on garments annually and tour guides are so incentivized that they will convince tourists to spend as much as possible. I have been a tourist there. In Uganda, hotels don’t have clear information about where tourists should spend money, some think it’s competition which isn’t true. No clear apps that guide expenditure of tourists that visit uganda. Anyways, we need to study in our schools about money and how it works or else we shall keep borrowing as a means of survival
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