🔒 Alec Hogg: Meet Cathie Wood, investing’s disruptor

Spent a useful half hour yesterday afternoon reading pieces on two remarkable human beings. The first, an in-depth look at 65-year old money management rock star Cathie Wood is on BizNews this morning- click here to read. The second, on brilliant 90 year old economist Thomas Sowell. It’s easy to be inspired by such remarkable people – rare birds sent to earth, perhaps, to challenge the rest of us to think differently.

  • It’s a week since our partners at The Wall Street Journal joined the dots on evidence suggesting Covid-19 may be the result of a leak from the Wuhan Institute of Virology. That bombshell report has, inter alia, led to an official reverse in the White House’s position and a humiliating about-turn by Facebook, which previously censored anything other than China’s sanitised version. Now, even those who initially ridiculed the “leak” suggestion have re-assessed. Click here for latest by previously sceptical Washington Post.
    ___STEADY_PAYWALL___

  • The WSJ is too mature to rub anyone’s noses in it, but our partner does suggesting the media should learn some important lessons from its treatment of the Wuhan Lab Leak story. Click here for a superb opinion piece by WSJ editorial board member Holman W Jenkins. Maybe the “anything Trump said is wrong” lobby will re-assess the Hunter Biden expose’ which, like the Wuhan Lab Leak, was dismissed and ignored.
  • Two investment-related pieces in The Wall Street Journal you are sure to find rewarding.
    • More bad news for embattled Naspers/Prosus which has invested heavily in food delivery. Despite a boom during lockdown, the sector’s market leaders are still unable to trade profitably. Click here.
    • On a happier note, a different approach by mining majors to the commodities price boom makes smaller players (think Kumba, Afrimat) rather appealing. Click here for the WSJ’s piece. And click here for my interview last week with Afrimat’s Andries v Heerden.

PLEASE READ – FOR YOUR WSJ.COM ACCESS…

As a Premium subscriber you are entitled to full membership of wsj.com (normal price $29 a month). Be sure to action your access through the Premium link on the BizNews website. Because of The Wall Street Journal’s credential requirements, be sure to create a password which has at least 8 characters and includes at least one letter and one number – NB it MAY NOT contain any special characters (ie #, !, @ etc). To maintain access to WSJ.com, you MUST enter our partner’s website via BizNews Premium at least once a month. A final PS, if you had previously signed up for WSJ you’ll need to clear the cookies from your device. Our help desk can assist – [email protected]


Come into our virtual studio for BPH at 5:30pm

You can now access our flagship BizNews Power Hour show live via our virtual studio. First, subscribe to our YouTube channel – BizNews TV – and we’ll send you the link just just before the 5:30pm kickoff.

If you’re on the move, the BPH is streamed worldwide on BizNewsradio.com. Live at 5:30pm; recordings at 7pm and 7am.

Visited 247 times, 1 visit(s) today