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Sceptics have questioned whether Berkshire’s portfolio is a relic of a bygone age and if its famously loyal shareholders would be better off buying an S&P 500 tracker. Top portfolio managers tracked by Citywire Elite Companies disagree with the critics and had this to say.

Ranked: Which Countries Gained the Most Wealth Since 2010? 💸 visualcapitalist.com/which-countrie…

Gauteng’s 43 ‘new speeding cameras’ – costing R465 million a piece businesstech.co.za/news/governmen…

After a mixed inflation report, the Dow Jones Industrial Average fell 500 points, hitting a four-week low. The report showed a slight increase in core inflation, excluding food and energy prices, raising concerns about the Federal Reserve’s future interest rate

John Simpson, the FAIS Ombudsman, reckons financial advisors are worse than 2nd hand salesman. Here’s why he is wrong. Top nine reasons why financial advisors are more valuable than you think #MoneywebNews - By Dawn Ridler CFP (R), MBA - The Wealth Ecologist moneyweb.co.za/financial-advi… via Moneyweb News

Investors often focus on asset allocation, risk management, and diversification when planning for retirement through annuities, pension funds, or provident funds. However, it’s crucial also to identify and list beneficiaries. Without a nominated beneficiary, the living annuity

ECONOMIC WEEK AHEAD: Reserve Bank expected to embark on rate cutting cycle businesslive.co.za/bd/economy/202… via BusinessLIVE

Larry Ellison surpasses Jeff Bezos. Oracle’s chairman is now the world’s second-richest person, with a net worth of $209 billion. The stock has climbed 23% this month, driven by Oracle’s role in the AI boom and new cloud partnerships with Amazon, Microsoft and

Planning your estate? Don’t forget your digital legacy! From social media to crypto, ensure your loved ones can access your digital assets. Secure your future today! Read more; Protect your digital legacy (biznews.com) #EstatePlanning #DigitalLegacy #FinancialPlanning

Phumlani gives me hope for this country!

USDZAR 17.50 as the Fed delivers a 50 basis point cut.

The Federal Reserve has announced its first interest rate cut since 2020, lowering the federal funds rate by 50 basis points to 4.75%-5%. This move aims to make borrowing cheaper but may signal the end of high-yield savings.#Fed #InterestRates #Economy forbes.com/sites/dereksau…

"No matter how many mistakes you make or how slow you progress, you are way ahead of everyone who isn't trying." Investing is a journey—learn from your mistakes and keep moving forward. #Investing #InvestInYourself #NeverGiveUp #SuccessJourney

What to expect for interest rates in South Africa after the Fed’s 50 basis point cut businesstech.co.za/news/finance/7…

UK interest rates left unchanged at 5% by the Bank of England bbc.in/3TAKQTA

The Dow Jones and S&P 500 soared to record highs Thursday after the Fed’s 0.5% interest rate cut! Lower borrowing costs and less attractive returns on bonds drove investors to equities. Apple, Nvidia Rally $250 Billion to Market Cap. @forbes forbes.com/sites/dereksau…