Investing and Global Finance News

Category Archives: Who Said It

Coronavirus-Business Quotes

What has society learned from COVID-19 in the business world? From the negative standpoint, unfortunately a lot with an insurmountable number of job losses leading to fiscal damage not seen in this generation.  A recent study entitled ‘KFF Health Tracking Poll: Economic Hardship, Health Coverage and the ACA’ pointed out:

“The economic impact of the coronavirus pandemic continues to be felt by many across the country with more than four in ten adults (44%) saying their household experienced a job or income loss due to the coronavirus outbreak – including a majority of young adults ages 18 to 29 (56%). Across racial and ethnic groups, about six in ten Hispanic adults (59%) and about half of Black adults (51%) say their household lost a job or income, compared to about four in ten White adults (39%) who say the same.

A COVID-19 diagnosis can often have negative economic impact as individuals need to take time off work to quarantine and recover. Indeed, six in ten (61%) of those who say someone in their household tested positive for COVID-19 say their household lost a job or income due to the coronavirus outbreak compared to 41% of those in a household where no one tested positive.”

But surely there are some positives relating to coronavirus and the workplace.  Here are what some individuals have found with the increase in acceptability of working from home (WFH) during this time period.

Mohamed El-Erian who, in 2014 resigned as CEO of PIMCO citing too many missed father-daughter events, said on this matter that:

“Hopefully, as companies give more attention to the importance of work-life balance, more and more people will be in a better position to decide and act more holistically on what’s important to them.”

Indian entrepreneur, managing director and chairperson of Biocon Limited, Kiran Mazumdar-Shaw said:           

“Ultimately, the greatest lesson that COVID-19 can teach humanity is that we are all in this together.”   

One of India’s wealthiest women Shaw recently attacked the “government’s capping of the vaccine price at private hospitals comes at a time when India is preparing to vaccinate people aged above 60 years and those over 45 with co-morbidities from March 1.” She said: “If WHO has agreed to USD 3 per dose, why beat them down to USD 2?”

The Atlantic’s Ed Yong tweeted:

“We long to return to normal, but **normal led to this**. To avert the future pandemics we know are coming, we MUST grapple with all the ways normal failed us. We have to build something better.”

This is what we have for now. It’s our choice how we respond to it.

Crisis as Opportunity for Female Leadership

Crisis as Opportunity for Female Leadership

The coronavirus pandemic is generating thousands of opportunities for women to showcase their strengths and step into leadership positions. The economies disrupted by COVID-19 will eventually need to be realigned. Businesses around the world will be redefining their operational models and reassessing their business strategies. European Central Bank President, Christine Lagarde, argues that the male… Continue Reading

Jayme Albin Helps You Plan a Gradual Return to Normal for Kids

Jayme Albin Helps You Plan a Gradual Return to Normal for Kids

New York and many other states have lifted the strict lockdown restrictions. After spending months “trapped” indoors, many families are trying to figure out how to transition out of quarantine and resume a new normal in the shadows of the coronavirus. Author, psychologist, and therapist, Dr. Jayme Albin, offers advice on helping kids face these… Continue Reading

SA Hedge Funds: New Laws

South Africa’s hedge funds will soon be subject to new rules in an effort to help assets under management that have been encountering a dive for too long.  In January 2020, there will be new categories for funds as well as definition of where the funds are.  These two initiatives will help local investors make… Continue Reading

New Technology = New International Business Opportunities

In today’s world, the old saying “money talks” is truer than ever. But sometimes it really isn’t that easy to understand. International business opportunities have long been hindered by language barriers. When people and platforms struggle to communicate, it is no surprise that they can’t do business with each other. Thankfully, this problem is being… Continue Reading

Women: Quotes on Investments

Carrie Schwab-Pomerantz, board chair and president of Charles Schwab Foundation, senior vice president of Charles Schwab & Co., and board chair of Schwab Charitable said: “For women, financial independence is a matter of necessity. [She has] “long been a champion of women taking control of their finances as a means of being individually strong, as… Continue Reading

Investing Tips

Before starting any project it’s often worth checking in with the experts.  People who have already done the background work; have had successes and failures; know what works and doesn’t work and are now efficiently engaged in the project upon which you are about to embark. Here we look at quotes from people in the investment world:… Continue Reading

Best Tips for Stock Market Investments

When it comes to learning how to invest in the stock market, who better to take tips from than “one of the world’s most powerful investors….Warren Buffet.” Over the years, the Berkshire Hathaway CEO has given his tips for stock market investors: 2017 “The best thing with stocks, actually, is to buy them consistently over… Continue Reading

Hedge Fund Industry: 2019

For the first time since the 2018 fiscal crisis, the hedge fund industry is contracting.  According to BlackRock CEO Larry Fink, this has resulted in the occurrence of a “mini 2008-2009 . . . We saw a massive amount of deleveraging” from hedge funds.” HFR President Kenneth Heinz said: “Hedge fund outflows in Q4 were driven by several factors,… Continue Reading

General Electric: Looking Ahead

According to Miller Tabak Equity Strategist Matt Maley, the company is now “roaring back” from its fiscal crisis of $6.66.  He said: “We were able to hold that 2009 low and that should … limit the downside at least over the near term. However, we’re going to have to see a lot more work and… Continue Reading