A lot of Good News

Charles Snyman of the Efficient Group is well known and never stops to amaze me by his tremendous insight, wisdom and sensitivity to matters concerning the world around us.  Charles is a sharp observer, highly skillful and intelligent, acutely in tune with global realities – pitfalls and opportunities – never over hasty though, but also not found wanting when
opportunities go begging. Charles is an optimist by nature and he revels in his daily task of managing share portfolios.

This time we take a look at what he sights as “Good News” – which, among others, he informs, that of the 70 firms that reported since July 9, only 15 had worse than expected results. This piece of very good news helped motivate markets to achieve very strong runs during the last two weeks of July 2009.  Read on…