Alec Hogg: Adding Xero to our portfolio

Look forward to being with you at noon today for the monthly webinar updating you on the BizNews Share portfolio whose performance continues to astonish. It's a Premium member-only event, but you do need to register beforehand. Here's the link: https://attendee.gotowebinar.com/rt/3785234117773097230.Also read: Alec Hogg: SA business trusted, Govt not.We'll be adding the innovative New Zealand headquartered accounting software business Xero to the portfolio today (FY2020 data above). Doing so it replicating an approach that has worked well for the portfolio as evidenced in the appreciation in the share prices of Adobe, Spotify, Cloudflare and Slack..___STEADY_PAYWALL___.In each of these instances, our insight started with being an actual user of their products, which we opted for after checking out the alternatives. Xero, which we also use, is by far the world's best online accounting system. Like our portfolio's other winners, it's the global market leader and experiencing exponential growth..Also read: Alec Hogg: Shades of '87 in punter arrogance.More detail on Xero – and updates on the other portfolio constituents – during the webinar at noon today. See you there..NB FOR YOUR WALL STREET JOURNAL ACCESS….Because of The Wall Street Journal's credential requirements to access its site, your password MUST be at least 8 characters and include at least one letter and one number; and it MAY NOT contain any special characters (ie #, !, @ etc). To maintain access to WSJ.com, you MUST enter our partner's website at least once a month via BizNews Premium.TO LISTEN….Latest audio on BizNews Radio.…..(click on the link to access).Flash Briefing: Covid deaths rise; Cosatu slams ANC incompetenceJSE has big plans to fire up SA equities – Sam MokorosiHow retail investors, TikTok influencers produced frothy share pricesBeach ban highlights SA's bizarre lockdown laws – legal expert Making the most of your money in 2021 with Magnus HeystekInside Covid-19: Rupert on "queue jumping"; Vaccine apartheid

Alec Hogg: Adding Xero to our portfolio

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