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2016 was hectic, here’s what we take from it

The November, December period is a time when I am the most inaccessible. I absolutely love this holiday period as it is the only time in the year that I get to spend time with family.


A lot is happening in the world currently and plenty of it can wait. Give this time to yourself and your family even though I know that most of us are closing only to finalise plans that will be set in motion next year.


We need a break. 2016 gave us #Brexit, the Nigerian Naira taking the piss, a failed military coup attempt in Turkey, Trump, the Italian referendum and #NoDAPL. We have been going through our fair share of shit on the home front as well; almost as though 2015’s #Nenegate was a teaser. Alleged #StateCapture by the Gupta family and President Jacob Zuma and our Public Protector’s term ending in the midst of it all, who’d forget the war on Pravin Gordhan and the timing of how NPA chief announced that he was charging Gordhan on fraud… Abrahams must have believed he was starring in a Mafia movie- Godfather II to be precise.


What is entertaining is watching the behavioural changes of a person once they have had a meal at the Guptas; delusions of grandeur soon follow re: Brian Molefe (if you watched the @eNCA Checkpoint interview). Truly, I feel bad for the man. You have to be both book and street smart to survive with the big boys. Oh and remember #Futuregrowth.


Anyway,

  • We can learn a lot from 2016: the most unlikely thing that could happen, can happen. Thus, account accordingly re: Renzi re: EU re:Saudi Arabia re:USA re:The World.

  • Betting on panics reared excellent returns this year, the markets almost always became a shambles after just a little news, the “oh okay guys the world isn’t really ending” realisations occur and we’d be back to better than normal.

  • Populist rhetoric gets you the vote and Trump might actually make America great again. Forget about at who’s expense for now. I’ll cover that next year.

  • Major innovations in technologies are changing the status quo across industries. Blockchain is such a technology.

  • And don’t get caught up in the hype.

It’s been emotional.


Vumile Sithebe

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