There’s only thing we can control – the price we pay (#505)

Simon Shares

• Massmart (JSE code: MSM) update, retail margins are being squeezed, the exception is clothing retail.
• Thungela Resources (JSE code: TGA) very strong trading update.
• JSE (JSE code: JSE) results, strong.
• Nancy Pelosi lands in Taiwan and markets don't really care and China will complain - but this is not leading to war.
• Uber (NYSE code: UBER) finally hits cash flow positive.
• OPEC+ 100,000 b/d output hike, expectations (hopes?) were for 4-5x that and the second smallest increase since 1986.
• Earn 11% with Retail Savings Bonds

What's the only thing we control in markets

• The price we pay
• Everything else is beyond our control
• So use your one power carefully

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