Terry Smith is currently the favorite punching bag of the investing world. After a period of underperformance, his "Quality" strategy is under heavy fire.
But if you actually listen to the 2026 AGM, you’ll find one of the most rational voices in the market. While everyone else is drunk on AI hype, he’s soberly dissecting the data.
I’ve handpicked the 7 most thought-provoking slides 👇🏻
🇿🇦South African Born Investigative Journalist Lara Logan Exposes Soros-Backed Genocide Against White Christian Afrikaner Farmers ‼️
Listen to the part about Open Society Foundation.
Open Society Foundations, formerly the Open Society Institute, is an American grant making network founded by business magnate George Soros. Open Society Foundations financially supports civil society groups around the world.
MAKE HIM FAMOUS! Erfan Soltani is scheduled to be executed by the Islamic Regime in Iran tomorrow (14th of January). We know Iran collapses under international pressure. Let's scream this out loud so Trump hears this. He will send help. Please share Erfan Soltani videos and news!
END THE LIE. 30% IS NOT A PASS. 40% IS NOT A PASS.
Today South Africans are going to be deceived. 30% is not a pass and should never be used for reporting system performance.
A pass rate is going to be announced and hands will be clapped but it is a mask of mediocrity.
The pass rate announced the big number that they will praise is based on the lowest common denominator of a pass mark 30%.
We need a minister of education who is not a caretaker managing failure through the bandaid of manipulated statistics.
We need a real reformer leading the department of basic education. We can’t have equal education while maintaining Bantu Education by another name.
1. Pay teachers better
2. Raise the pass mark to 50 %
3. Fire bad teachers
4. Remove unions from the classrooms.
5. Cancel LO it’s useless
6. Make Computer Science a mandatory subject (we can teach theory even before we give everyone a laptop)
7. Introduce a voucher system to give parents choice.
Minister @Siviwe_G it’s time to end the lie. Tell South Africans the truth and take system wide action.
Calling on all activists and allies: KEEP POSTING EVERYTHING FROM IRAN.
Tag @realdonaldtrump.
President Trump — this is your moment.
Speak directly to the people of Iran.
From the Oval Office.
And speak to the transitional leadership of the revolution, @officialrezapahlavi.
⸻
WHAT WE KNOW RIGHT NOW
•A near-total internet blackout is in effect.
•Millions are in the streets, day and night.
•This is a nationwide uprising, unprecedented in scale.
•Electricity and phone lines are down, hospitals can’t call for backup — yet the people are lighting up the streets themselves.
•The regime is running out of forces and is importing proxy militias from Iraq and Lebanon — and still, the people do not retreat.
Iranians stand with courage, discipline, and unity.
⸻
THE WORLD MUST ACT — NOW
The people vastly outnumber the regime.
If the world looks away, mass atrocities will follow.
International pressure is not interference — it is protection.
Reports continue of entire cities liberated, including large parts of Lorestan.
⸻
THE TRUTH IS GETTING OUT
Citizen journalists are risking their lives because no international media is on the ground.
They are the eyes of the world.
For urgent updates: @iranintltv | @nufdiran | @pahlavicomms
⸻
MESSAGE TO OUR FRONTLINE
To the people on the ground and the revolutionary networks inside Iran:
You are prepared.
You are organized.
You are making history.
The world is watching — in awe of your bravery and heroism.
Help is on the way.
Continue what you already know how to do:
reclaim street after street, square after square, cities, provinces, all the way to the final stage:
Entering every ministry of the Ayatollah occupation and reclaiming it for the people of Iran.
This is not chaos.
This is a liberation movement.
And nothing —NOTHING— can stop a nation of lions and lionesses from being FREE.
Since peaking near R10 in 2017, Huge Group’s share price has collapsed by roughly 87% to about 130c today.
Yet over the same period the company’s NAV per share has more than doubled from 447c a share to 949c.
https://t.co/0rJlP346k2
Another day, another ANC brain explosion disguised as legislation. Ladies and gentlemen, welcome to the Business Licensing Bill 2025, the single most destructive, idiotic, corrupt-enabling piece of paper the ruling party has vomited onto the Government Gazette since the Expropriation Bill.
This is not a bill. This is economic euthanasia with extra paperwork.
Picture this: South Africa, 33% official unemployment, 45% if you count the people who’ve given up looking. Youth unemployment at 60%. An economy growing slower than a stoned tortoise. And the ANC’s big idea to fix it? Force every single business in the country (from Woolworths to the lady selling vetkoek outside the taxi rank) to apply for a brand-new municipal licence just to be allowed to breathe.
Yes, you read that right. Every spaza, every hair braider, every Uber driver, every Etsy store, every backyard panel beater, every work-from-home graphic designer now has to register on a national database, pay fees, submit mountains of documents, and then wait while the same municipality that can’t collect rubbish or read a water meter decides whether you’re worthy of trading.
If they don’t like your face, your race, your political connections, or if the ANC councillor’s cousin just opened a competing business, tough luck, comrade. Application denied. Business dead.
And just to make it extra spicy, they’ve created a brand-new army of clipboard-wielding “Business Inspectors” with more power than a traffic cop on month-end. These heroes can rock up any time, demand your licence, and if you don’t have it (or if they’re just having a bad day), they can fine you R100,000 on the spot, confiscate your stock, and padlock your doors. No magistrate, no appeal, no mercy. Just instant financial execution.
Imagine the bribery opportunities. It’s like the ANC sat down and asked, “How can we make metro police look honest by comparison?”
Oh, and because nothing says “pro-poor” like crushing the informal sector, this genius law specifically targets the two million street traders and survivalist businesses. You know, the people who actually feed their kids when SASSA grants run out. They now need formal municipal permission to sell apples on the corner. Good luck getting that permission in a township where the councillor only visits during election year with KFC vouchers.
They even snuck in a cute little clause allowing licences to be allocated according to “demographic representativity”. Translation: if you’re Indian, coloured, or white and you’re in a township, better start polishing your ANC membership card or kiss that renewal goodbye.
This is what happens when a liberation movement runs out of ideas and defaults to its factory setting: control everything, tax everything, own everything, punish anyone who succeeds without permission.
The GNU was supposed to be the grown-up in the room. Instead, the ANC just used its majority to ram through another wet dream of Soviet-style central planning while the DA issues strongly worded press statements from the cheap seats.
Let me fix that for you: the DA is in the GNU too, remember? They’re literally sitting in Cabinet while this trash fire burns.
Small businesses create seven out of every ten new jobs in this country. This bill is a deliberate middle finger to every entrepreneur, every hustler, every mom who started baking cakes during lockdown to keep the lights on.
It will kill jobs by the hundreds of thousands. It will explode corruption. It will drive what’s left of the formal economy into the arms of Mauritius and Portugal. And it will turn every municipality into a toll booth manned by comrades with fake qualifications and real guns.
This is not governance by people who have never in their lives signed the front of a payslip.
If you own a business, if you work in one, if you ever hope to start one, scream now or cry later.
Flood the DTIC inbox. Spam every minister on every platform. Phone talk radio until the lines melt. Make this bill so toxic that even the ANC’s coalition partners grow a spine for five minutes.
Time's up tomorrow, don't let this bill become law without a fight! The public comment deadline is Friday, November 28, 2025 (that's tomorrow, so get moving!). Email your objections to Mr. Thembani Masinge at [email protected], addressed to him, and demand a full scrap or total overhaul to save entrepreneurs, informal traders, and our sputtering economy from this license-to-loot disaster. Keep it short, furious, and factual: copy-paste templates from #ScrapTheBusinessLicensingBill campaigns on X or Dear South Africa if you're stuck. Your email could be the nail in this coffin! Flood those inboxes before midnight!
Because if this becomes law, the only licence anyone will need in South Africa is a licence to be poor.
I've just helped fund the Pioneer Initiative's mission for a viable political dispensation in South Africa.
Consider joining me! @PioneerOnX https://t.co/GaWwM2bFJ2