Insider Exchange

Straight-talking conversations about markets, investing, and the stories behind the numbers. Hosted by Jimmy Moyaha and Simon Brown. Not financial advice.

[Jimmy Moyaha @jmoyaha_]

The @TheNCC_RSA is ready to roll out the Opt-Out Registry, for the benefit of both consumers and marketers.

This will hopefully curb the barrage of spam calls South Africans receive daily.

Those looking to register, can do so directly with the NCC:

https://t.co/yLukt4OdLs

[maya fisher-french @mayaonmoney]

⚠️FSCA WARNING: Exercise caution when dealing with Mr Kobus Venter and Kobus Venter Wealth Planning.
The @fscasouthafrica confirms they are not authorised to provide financial services and are soliciting funds for trading. Avoid any investment offers and verify all service providers on the FSCA website.
#FSCA

[Insider Exchange @InsiderExchange]

“They said we have a 7% chance of making it out of the group, yet here we are”

Thapelo Maseko.

[Lorenz Köhler @Lorenz_KO]

Humble pie served. 🥧

From where he inherited this squad failing to qualify for AFCON 2021 to this historic #FIFAWorldCup feat. Incredible.

Sir Hugo Broos. 👏

[Insider Exchange @InsiderExchange]

Bafana Bafana have done it. Wake up South Africa. We’re in the next round.

[Insider Exchange @InsiderExchange]

Bafana Bafana. History. Phenomenal performance.

[Insider Exchange @InsiderExchange]

History beckons. This is bigger than Tshabala Mexico. Hold on Bafana.

[Insider Exchange @InsiderExchange]

Goal @SimonPB ⚽️⚽️⚽️⚽️⚽️⚽️🎊🇿🇦

[Insider Exchange @InsiderExchange]

COME BAFAAAAANAAA ⚽️🎊

[Insider Exchange @InsiderExchange]

Thapelo Maseko, if you had a right foot. If 😭

[Simon Brown @SimonPB]

this is simple, we need to win ..

[Insider Exchange @InsiderExchange]

What a half. We cannot lose this game from here.

🇿🇦

[Insider Exchange @InsiderExchange]

Come on Thapelo 😮‍💨

[Insider Exchange @InsiderExchange]

He was offside but how’s he not scored there. Show us the Evidence. Come on Bafana.

[Bafana Bafana @BafanaBafana]

20' still deadlocked at 0-0 as both sides are in search for the first goal of the match

#BafanaPride #BafanaBafana #FIFAWorldCup

[Insider Exchange @InsiderExchange]

Booooo Hydration break. Momentum is with Bafana Bafana.

[Insider Exchange @InsiderExchange]

The national anthem of South Africa.

[Insider Exchange @InsiderExchange]

Hoodies on, heaters ready. It’s for country duty. There’s still hope for Bafana despite an early 3am kickoff on the cards.

We will be there.

[Simon Brown @SimonPB]

My Equity Coverage AI bot went rouge yesterday. Here's the story.

Last week I updated the Equity Coverage AI research to Skill v2.0 (Methodology: v1.7 (JSE framework) was unchanged) and yesterday we did our first initiation research report using the new skill. Lewis was the stock being covered as it recently had results and I hold it.

All seemed to be going well, until we got to step 6 which is a three part process for checking (facts, assumptions and workings using the same AI as a sceptic agent, third party AI and myself). At the first step my sceptic AI agent discovered that the research report numbers (future assumptions) were just copied from an @AnchorCapitalZA report the AI had found.

One source of data is of course the companies investor website, and here Lewis has a research report done by Anchor. My AI bot just copied all the future result assumptions. When challenged it admitted it had done this, then offered to correct by changing just two lines (revenue and margin).

When told it could not use any of the Anchor data it told me that this would require a complete rebuild and this would take "lots of time repeating work already done".

I was like, fine, rebuild from the start. We did and we got a great report. But it seems we need to upgrade the skill to v2.1 and have a section on fair use of third party data.