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Fintech academic and chartered accountant Gavin Brown examines the impact of Tesla’s decision to hold bitcoin as a treasury asset on its balance sheet, both for the company itself and the wider cryptocurrency market. In January this year, Tesla published their year-end annual results for 2020. In that same annual report, Tesla also announced that in January 2021 it had purchased $1.5bn of the cryptocurrency bitcoin. This was equivalent to more than 0.2% of the capped total sup...

Walmart isn’t after your book of business The worlds largest retailer announced plans to launch a digital advice platform for its 220 million weekly clients. The products will likely target lower income Americans with simple but necessary financial products. April 19, 2021 2 MINS Walmart Inc. has announced a new fintech platform that officially offers digital financial advice, but the largest retailer on the planet doesn’t have its sights on your clients’ assets. The...

Is it value’s time to shine? Increasing numbers of investors have begun to ask if value is ready for a comeback By Dimitar Boyadzhiev 16 Value investing focuses on stocks that are underappreciated by investors and the market at large. This concept dates from the 1920s and has been supported by numerous empirical studies. The MSCI World Value index has posted returns since 1975 that are like the MSCI World Growth index and the market itself, as represented by the MSCI World inde...

MONEYWEB app instead? 2 March 2021 15:49 Image: Jason Alden/Bloomberg February is always a busy month financially with most businesses back in full swing (global lockdowns permitting) after the holidays, provisional tax returns due and the annual budget speech in South Africa. This year was no different. The biggest news of the month for South Africans was that we will NOT be paying higher personal income tax over the next year. This came as a relief for all of us as we were trying to figure...

Size matters. When the share price of Scottish Mortgage, the biggest and best known investment trust, falls by 14 per cent over five days, it is a signal for private investors to take a reality check.  Despite its stolid-sounding name, the £17.2billion trust backs the big names in technology, a strategy that has caused its price to leap by 723 per cent over the past decade.  For some, this weeks decline marks the moment to cash in profits on this trust and other Silicon Valley star holdings...

Today's focus is on preliminary PMIs for the euro area (including Germany and France), the UK and the US. Most PMIs are likely to show that we are sti

Chief economist Todd Mattina previews how the Democratic sweep could affect inflation and earnings

DUBAI: Unusual or harrowing would probably be good terms to describe 2020. As the coronavirus pandemic took hold of the world, it was a harbinger of economic troubles on one hand. On the other hand, there were companies and stock markets benefiting from new ways of doing business, such as working from home and ordering goods and services on the internet. The K-shaped recovery, where some benefited and others lost due to the pandemic, probably best describes what happened. We saw bifurcation, wi...

Davenport Small Cap Focus (DSCPX) Clobbers the Broader Market Kiplinger 12/24/2020 © Getty Images While the novel coronavirus continues to inflict pain in the U.S., investors are looking for companies with greater earnings visibility. Thats great news for portfolio managers overseeing small-cap stocks, which have suffered significant underperformance in recent years. "We are just exiting a seven-year underperformance cycle partially driven by the popularity of mega stocks, particularly the ...