Sequence Investment Holdings - SIH

15/04/2023

Politicians should not go into government in order to forge a standardised society dictated to by politicians in government. No. We are not all incapacitated minors dependent on politicians to think and act for us. We are capable adults who know how to create our own thriving livelihoods free from politicians. Government’s task is to provide a framework within which everyone is free to pursue a better life the way each knows how, free from politicians’ intrusion. That’s exactly how it should be. Politicians should leave people alone to run their own lives. Because the problem is the government intrusion on people’s lives. And most, if not all, of the problems we have are created by politicians. And so the smaller the government, the better. Because the lesser the politicians’ intrusion in peoples’ lives, the better. Now, that’s real Liberty.

12/10/2018

'We went to the banks to raise capital and got a rude awakening. They just wouldn't. I was shocked actually....If you are going to rely on the existing banks for economic transformation in this country, you are living in dreamland. It's not gonna happen.' Tito Mboweni after having been declined by banks to get capital funding on starting his business, which failed due to lack of capital financing. Today the dude is our Finance Minister, who have been in the cold and no longer 'living in dreamland.' I guess we can safely say State Bank loading....

South Africa's brand new finance minister has a colourful recent past, which may (or may not) give a foretaste of things to come.

14/09/2018

I thought we were in a mission of begging people from outside the country for their pension money ($100 billion) to be invested inside the country, and that the reason was that we were short of money to invest in the economy. And how are they going to be confident to do so if we do not have confidence to invest our own pension money in our own economy?
Or maybe I am missing something again...

12/09/2018

12/09/2018

Things are getting more expensive every day, and there seems to be no reprieve in the future. You need to increase your earning capacity and increase your income to make it, which makes entrepreneurship an obvious way out.

12/09/2018

This is a very interesting and honest take on SA as a country and business in general. These are the people that the government should have as advisers and policy formulators going forward. Hopefully Cyril is taking note.
-BLI instead of GDP as a measure of national well-being and wealth.
-It is dangerous to allow businesses to exist for the purpose of shareholder profit maximization.
-Trickle down economics, that is enriching the top end hoping to get benefits for the lower end is a fallacy and has failed in SA.
-NDP has failed already and will never work in SA.
-The economic status quo (economic structure, policy etc) is not working for the majority in SA, and will never work.

'It’s no wonder that people are embracing extremism of all flavours in South Africa today. When positive change seems impossible via reasonable means, what else should we expect?' Jon Foster-Pedley (Dean and Director of Henley Business School South Africa, a school of Henley Business School UK).