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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 supply of 21 million bitcoins, according to the pseudonymous creator Satoshi Nakamoto’s white paper. ...

Walmart isn’t after your book of business The world's 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 retail giant released plans back in January to use its brick-and-mortar footprint to offer financi...

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 index. But it has lagged significantly for nearly two decades. Disciplined, long-term investors, who opt...

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 out where Finance Minister Tito Mboweni would find the money to pay for all the losses suffered ove...

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 week's decline marks the moment to cash in profits on this trust and other Silicon Valley star holdings before they drop further to earth.  But for others, could there in fact be a buying opportunity, ...