JR

Yes, that's me in the picture. Just a quick trip to heaven. Needed to chat to God for a bit. Back now. Investing. Logic. Programming. Reason. Learning. Facts.

[JR @JayR_12_]

This account will now be dedicated to showing how crime in South Africa is destroying the economy. It reduces GDP in every way and we need to stop it. All of it.

[JR @JayR_12_]

@michaeljburry Hear me out... Wash trading, but with GPUs and AI software. Am I right?

[JR @JayR_12_]

@ReactsOnX But it CAN buy hair.

[JR @JayR_12_]

@FinanceGhost Is this the beginning of the Bubble burst?

[JR @JayR_12_]

@mommy_moneyza OMG🤦🏾‍♂️

[JR @JayR_12_]

@OurCityNews Littering is a poverty mindset... Elevate yourself!

[JR @JayR_12_]

@justxmxo If we found oil, would America come give us democracy?

[BILLIONAIRE UNIVERSITY® @TheBillionaireU]

He was the 8th richest person in the world. The fortune registered in his name was a full 58 billion dollars. If he wanted, he could have built a palace in every city in the world and traveled on the most luxurious jets.

But he drove a beat-up Volvo for 20 years. He always flew economy class. He wore second-hand clothes and only got his hair cut when he traveled to developing countries because it was cheap there.

Meet the founder of the massive IKEA empire: Ingvar Kamprad.

Kamprad turned the business he started selling matchsticks in a small Swedish village into the world's largest furniture giant. But even after becoming a billionaire, he ate discounted hot dogs at IKEA's restaurant.

One day, he was invited to a prestigious gala to receive the "Businessman of the Year" award. Security guards wouldn't let him in because he arrived by public bus. They couldn't even imagine that one of the world's richest people might step off a bus.

The wealthy people around him mocked him, and everyone called him a "miser."

But his issue wasn't about saving a few pennies. He believed that vision is conveyed not through words, but through actions. "How can I ask my employees to cut costs when I'm living in luxury?" he would say.

Kamprad rebelled against the "status" disease that enslaves us all today, in his own way.
Today, what we call "success" on social media amounts to nothing more than striking poses with rented luxury cars and designer clothes. To impress people we've never even met, we pour tons of money into things we don't actually need.

Kamprad, on the other hand, taught us this: True power lies not in how much you can spend, but in not feeling the need to prove anything to anyone. True wealth is a mind freed from the slavery of showiness.

[JR @JayR_12_]

@pookiepolls You literally described every SAPS police station in South Africa.

[JR @JayR_12_]

Must be Argentinian.

[衝撃bot @minnano_dougaww]

世界で話題となっている少年の行動

[JR @JayR_12_]

@KobeissiLetter Sooo.... Inflation?

[JR @JayR_12_]

@JSE_Invest Legal migration, yes. Important distinction. We should increase legal migration and restrict illegal migration.

[JR @JayR_12_]

@APompliano AI searches are killing the very websites they use for content generation. This will not end well.

[JR @JayR_12_]

@albie_cilliers @FoschiniSA @PicknPay I'd love to know if it's temporary or something fundamental like cheap Chinese imports or more competition from the likes of H&M or Zara etc.

[JR @JayR_12_]

@talkcentss Agreed. This loan is unfavorable.

[JR @JayR_12_]

@JSE_Invest I'll do my toes in at this price, but how do you figure iron ore is heading into a tough supply environment?

[JR @JayR_12_]

This is a great summary of Sasol. This is exactly what I think of the stock.

[Younginvestor @YoungInvestor03]

In 2014, one Sasol share cost R650.

Six years later, that same share cost R21.

No company has made and lost more South African money. And it's STILL one of the 5 most-bought shares on the JSE

I read their entire latest results. Here's Sasol, top to bottom 🧵

[JR @JayR_12_]

@FinanceGhost Looks like an altcoin launch.

[JR @JayR_12_]

@Abramjee This is what the cops do when you go make a statement at the station. I'm not even surprised.

[JR @JayR_12_]

@JuniorBuffett Lots of chuckles

[JR @JayR_12_]

@MadridSports_ What's sad to me is that this is how they played against Cape Verde, Egypt and England. If the refereeing had been fair in those games Argentina would have lost all.