Sorry for being late this morning. I spent time with a couple of my best mates last night, one of whom is down from Joburg, so I could only finish Ghost Bites this morning. I've learnt the hard way in life that when things go wrong, it's the people that matter, not whether Ghost Mail went out exactly on time on a random Friday morning.
That's how you eventually reach an equilibrium in your life as a business owner: you learn what really matters and you build a business with a bit of flex in it to allow you to be a human being. Otherwise, you burn out and you can't reap the rewards of that hard work anyway. It's so important to remember that our shared passion for business and markets comes to nothing if you don't look after yourself as well.
Moving on, today's Ghost Bites have a strong mining flavour to them. Specifically, the Anglo American group companies released production updates and trading statements, with Anglo American Platinum and Kumba Iron Ore both under pressure. Within Anglo, there's trouble for diamonds as well. In truth, copper is the jewel in the crown and the rest is a mixed bag right now. Get out your yellow hard hat and read Ghost Bites here.
As we head into the weekend, set time aside for the latest episode of The Trader's Handbook (my collaboration with IG South Africa to help you get into trading) and an excellent Magic Markets episode featuring international geopolitical analyst Dimitri Zabelin.
I guarantee that if you listen to both, you will learn a lot in a short space of time about so many elements of investing and trading. And while you're at it, learn all about structured products in the latest podcast with Investec, showing you a different way to get offshore exposure in your portfolio.
Have a lovely weekend!
