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Showing posts from December, 2021

The all-new BMW M4 CSL

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 The all-new BMW M4 CSL: The Legend is Reborn To celebrate their 50th anniversary, BMW  GmbH presented their fans with a special edition car based on the high-performance  models. The new BMW M4 CSL combines old-school racing passion with the latest innovative technology to yield a beast of a car. Competition, Sport, Lightweight. In case you haven't figured out, that's what the CSL stands for. The car posses the next-level power and intelligent lightweight design, model-specific chassis upgrade on the two-seater configuration. The M4 CSL share similar performance specs with the BMW M4 GT3, the M4 CSL clocked the fastest Nurburgring's Nordschleife circuit lap times for a series produced BMW car. The beast boast 3.7 seconds from 0 - 100 km/h, and 10.7 seconds sprint from 0 - 200 km/h! BMW plan to produce a limited 1000 units of the lightweight beast, only weighing 1625 kg, giving it a power-to-weight ratio of 4.01kg/kW. Impressive. Significant amount of weight have been shed
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Beating the stock market

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 Trading opportunities, or should I say investing opportunities. I aspire to be a Trader and my definition of investing is "using resources to generate more resource", and for that reason I consider my trading activity to be a form of investing. But, periodically we disagree on "investing" and how it should be done. I also find myself questioning myself, is my approach the "correct" route to reach my destination, financial freedom. No doubt, trading is a good way to reach financial freedom, there's enough evidence, the question is can I do it? If I can't what other approaches can I use, and when to throw the towel. Is it possible to pick stocks that can return 10x or stock picking is a fool's game? This is one of the topics we tackled last week following Simon Brown's poll on Moneyweb, and a tweet by the Vector Equilibrium. Simon asked how "investors" performed in 2021, some didn't do well and VE asked how bad do you have to b
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Location: Pretoria, South Africa
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Surviving Omicron

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Nobody saw it coming, right? Nobody saw Omicron coming, although we suspected that the government might play with the numbers to justify another lockdown. The discovery of Omicron and the subsequent ban of South Africa by Britain sent a shockwave to the JSE, and the global markets went spared either. Fortunately I was on the road during that "Black Friday", this was a blessing in disguised because I probably would've panicked and sold some of my stocks. Some stocks were whacked and selling would've been warranted, but we're used to COVID now. Still a scourge but a scourge we've learnt to live with, so why the market panic? This is how I felt as I checked my portfolio, there was some damage but most stocks were still trading above their 50EMA. I felt that the market was overreacting and the sell-off wasn't warranted, but who can control fear. The plan was to wait for Monday open to check if the carnage continues, which would've widened my paper losses.
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