Keith McLachlan
@keithmclachlan
Investor. Wannabe writer (http://FlashFictionLibrary.com). Gamer & guitars. Wonderer & wanderer. https://smallcaps.co.za/newsletter/
Introduction to Fundamental Investing (Free education series) - smallcaps.co.za/2022/01/introd… cc @JustOneLap
[OPINION] Changes to International Financial Reporting Standards over the past few decades have seen the accounting standard steadily march towards ‘fair value’ driven accounting, with less ‘historical cost’ based accounting, writes @keithmclachlan in his latest #OffTheRadar…
IFRS killed the financial ratio #MoneywebNews - By @keithmclachlan moneyweb.co.za/moneyweb-opini… via @Moneyweb
i know a guy in his 30s, billionaire, owns half of Gotham, peak physical shape, genius-level intellect, insane cars, has a butler, huge house, no kids. yet he spends his nights alone in a cave, wondering why he can’t find true love. is modern dating really this broken..?
One could say the same thing about a political party..
2/n There is no moat to forming a crypto treasury company - you just need a supply of capital and “believers” wsj.com/finance/curren…
"Those with both high psychopathy and low cognitive ability are the most actively involved in online political engagement" This cross-national study investigates how psychopathy, narcissism, and fear of missing out (FoMO) influence online political participation, and how…
On an unrelated note, in the history of civilisation, the world and all of time, has an ethics course ever made an unethical person ethical? In the same line of thought, why would an ethical person need to take an ethics course? And, thus, why do ethics courses exist at all?
Nothing quite like when the "Chairperson of the Social and Ethics Committee" is caught lying. Can't make this stuff up.
IOCE Censure and penalties imposed by the JSE on Ms Anushka Bogdanov, former director of EOH Holdings Ltd bit.ly/4mcfH4G
At c.R50/share, Bidvest's stake in Adcock was only c.6% of its market cap. At R75/share, Adcock is now c.8~9% of its market cap, thus this armslength bid arguably adds c.2~3% to Bidvest's sum-of-the-parts fair value.
At what point is corruption in public sector actually just treason? Is there a difference between selling a country out to another country, or selling a country out to a criminal network?
Stor-Age REIT - FY 25 Results Note - Steady Performance - bluegemresearch.co.za/?p=664
Reinet’s R70bn payday sparks talk of a possible wind-up, could this close the NAV gap? #Moneyweb #InvestmentStrategy ow.ly/uYCM50WmaOr
Three options for cash-flush Reinet? #MoneywebNews - By @keithmclachlan moneyweb.co.za/news/companies… via @Moneyweb
Life before fossil fuels👇
Life in 1776: - heat is such a luxury that Thomas Jefferson can’t write in deep winter bc his ink freezes (one reason perhaps why Independence Day is in July) - nighttime darkness is such a burden that George Washington reportedly spent $15k in today’s dollars on candles every…
I have a theory that we aren't all going deaf & actors aren't all suddenly mumbling their lines, but actually streaming services trying to stream hyper-efficiently have sliced the quality of sound (in favour of better visuals) & this has resulted in dialogue quality collapsing.
Wow!! Brian Molefe and Siyabonga Gama arrested..,
[BREAKING NEWS] The Hawks have arrested two former Transnet executives. They are expected to appear in court today. They are linked to a dodgy R93 million locomotive tender. eNCA's @HeidiGiokos has more details. #DStv403
So the guy paid for a new car, and it turned up second-hand. Lol :-P
First time that a car has delivered itself to its owner!
At this Point I don't Even Know How To Digest This