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https://recm.co.za/wp-content/uploads/2025/07/USD-Ruble-July.png https://recm.co.za/wp-content/uploads/2025/07/Beagle-vs.-JSE-total-return-chart.png https://recm.co.za/wp-content/uploads/2025/07/Music-lifetime.png https://recm.co.za/wp-content/uploads/2025/07/Platos-cave.jpg https://recm.co.za/wp-content/uploads/2025/07/Oyster-Festival-marathon.jpg https://recm.co.za/wp-content/uploads/2025/07/Durban-July.jpg https://recm.co.za/wp-content/uploads/2025/07/Ben-and-Courtney.jpg https://recm.co.za/beagle-shareholders-letter-march-2025/ 2025-07-10T08:04:42+00:00 https://recm.co.za/wp-content/uploads/2025/07/Beagle-table.png https://recm.co.za/wp-content/uploads/2025/07/Beagle-NAV-vs.-JSE-Total-Return.jpg https://recm.co.za/wp-content/uploads/2025/07/Beagle-summary-table.png https://recm.co.za/regarding-vol-3-no-23-stablecoins/ 2025-07-04T11:20:28+00:00 https://recm.co.za/wp-content/uploads/2025/07/Stablecoins.png https://recm.co.za/wp-content/uploads/2025/07/Valeriepieris-circle.jpg 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https://recm.co.za/wp-content/uploads/2025/04/Gold-Fields-share-price.png https://recm.co.za/wp-content/uploads/2025/04/Gold-Fields-PE.png https://recm.co.za/wp-content/uploads/2025/04/Aspen-share-price.png https://recm.co.za/regarding-vol-3-no-14-turning-point/ 2025-04-22T10:54:23+00:00 https://recm.co.za/wp-content/uploads/2025/04/LVMH.png https://recm.co.za/wp-content/uploads/2025/04/LVMH-peers.png https://recm.co.za/wp-content/uploads/2025/04/Cockroach.png https://recm.co.za/regarding-vol-3-no-1-review-of-2024/ 2025-04-22T10:39:04+00:00 https://recm.co.za/wp-content/uploads/2025/01/Market-performance.png https://recm.co.za/wp-content/uploads/2025/01/30-year-yields.png https://recm.co.za/wp-content/uploads/2025/01/Energy-vs-alt.png https://recm.co.za/regarding-vol-3-no-2-the-market-for-lemons/ 2025-04-22T10:38:53+00:00 https://recm.co.za/wp-content/uploads/2025/01/Reinet-BTI.png https://recm.co.za/wp-content/uploads/2025/01/Remy-share-price.png 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https://recm.co.za/wp-content/uploads/2024/05/NVIDIA-PE.png https://recm.co.za/wp-content/uploads/2024/05/NVIDIA-share-price.png https://recm.co.za/wp-content/uploads/2024/05/Hulamin.png https://recm.co.za/regarding-vol-2-no-19-scoundrels-and-heroes/ 2024-05-23T15:14:36+00:00 https://recm.co.za/wp-content/uploads/2024/05/Discovery.png https://recm.co.za/wp-content/uploads/2024/05/Wheaton-Precious-Metals.png https://recm.co.za/wp-content/uploads/2024/05/Westaim.png https://recm.co.za/wp-content/uploads/2024/05/Growth-chart.png https://recm.co.za/regarding-vol-2-no-18-rock-star-fund-managers/ 2024-05-17T08:43:16+00:00 https://recm.co.za/wp-content/uploads/2024/05/Teck-Resources.png https://recm.co.za/wp-content/uploads/2024/05/Naspers.png https://recm.co.za/wp-content/uploads/2024/05/Merchant-West-Investments-Global-Fund.png https://recm.co.za/wp-content/uploads/2024/05/Horse-and-cars.jpg https://recm.co.za/wp-content/uploads/2024/05/Neil-Young.jpg https://recm.co.za/regarding-vol-2-no-17-common-ground/ 2024-05-10T07:39:33+00:00 https://recm.co.za/wp-content/uploads/2024/05/Starbucks.png https://recm.co.za/wp-content/uploads/2024/05/LHC.png https://recm.co.za/wp-content/uploads/2024/05/Chinese-Stocks.png https://recm.co.za/wp-content/uploads/2024/05/LT-Chinese-Equity.png https://recm.co.za/wp-content/uploads/2024/05/US-Aero.png https://recm.co.za/wp-content/uploads/2024/05/Uranium.png https://recm.co.za/wp-content/uploads/2024/05/Cameco.png https://recm.co.za/wp-content/uploads/2024/05/Franchises.jpg https://recm.co.za/wp-content/uploads/2024/05/German-Exports.png https://recm.co.za/regarding-vol-2-no-16-sanctions-dont-work/ 2024-05-02T13:34:29+00:00 https://recm.co.za/wp-content/uploads/2024/05/GrowthPoint-Australia.png https://recm.co.za/wp-content/uploads/2024/05/Alphabet.png https://recm.co.za/wp-content/uploads/2024/05/Financials-ETF.png https://recm.co.za/wp-content/uploads/2024/05/Universal-Music-Group.png https://recm.co.za/wp-content/uploads/2024/05/Calgro-M3.png https://recm.co.za/wp-content/uploads/2024/05/Chinese-equity.png https://recm.co.za/wp-content/uploads/2024/05/Turkey.png https://recm.co.za/wp-content/uploads/2024/05/Commodity-cycle.png https://recm.co.za/regarding-vol-2-no-15-head-office-blues/ 2024-04-25T13:03:09+00:00 https://recm.co.za/wp-content/uploads/2024/04/MTN-April.png https://recm.co.za/wp-content/uploads/2024/04/Vodacom-April.png https://recm.co.za/wp-content/uploads/2024/04/Sasol-April-2024.png https://recm.co.za/wp-content/uploads/2024/04/Copper-April-2024.png https://recm.co.za/wp-content/uploads/2024/04/American-Express-April-2024.png https://recm.co.za/wp-content/uploads/2024/04/The-long-decline.png https://recm.co.za/wp-content/uploads/2024/04/UK-FTSE-100.png https://recm.co.za/wp-content/uploads/2024/04/Emerging-market-bonds.png https://recm.co.za/wp-content/uploads/2024/04/Namibia-FDI.png https://recm.co.za/regarding-vol-2-no-14-stoic-wp/ 2024-04-18T16:44:32+00:00 https://recm.co.za/wp-content/uploads/2024/04/Gamestop.png https://recm.co.za/wp-content/uploads/2024/04/AMC.png https://recm.co.za/wp-content/uploads/2024/04/Vinfast.png https://recm.co.za/wp-content/uploads/2024/04/DJT.png https://recm.co.za/wp-content/uploads/2024/04/Gold.png https://recm.co.za/wp-content/uploads/2024/04/SA-Government-Bonds.png https://recm.co.za/wp-content/uploads/2024/04/Airline-Routes-by-Revenue.jpg https://recm.co.za/regarding-vol-2-no-13-ais-dirty-little-secret/ 2024-04-11T13:46:06+00:00 https://recm.co.za/wp-content/uploads/2024/04/Reckitt-graph.png https://recm.co.za/wp-content/uploads/2024/04/Swatch-brands.png https://recm.co.za/wp-content/uploads/2024/04/Swatch-chart.png https://recm.co.za/wp-content/uploads/2024/04/Tianrui-chart.png https://recm.co.za/wp-content/uploads/2024/04/Yen-chart.png https://recm.co.za/wp-content/uploads/2024/04/Energy-fund.png https://recm.co.za/wp-content/uploads/2024/04/Tesco-April.png https://recm.co.za/wp-content/uploads/2024/04/Magnificent-7.png https://recm.co.za/regarding-vol-2-no-12-malthusian-malady/ 2024-04-05T06:51:33+00:00 https://recm.co.za/wp-content/uploads/2024/04/Newmont-April-2024.png https://recm.co.za/wp-content/uploads/2024/04/Newmont-operating-margin.png https://recm.co.za/wp-content/uploads/2024/04/Spar-April-2024.png https://recm.co.za/wp-content/uploads/2024/04/CRB-Index.png https://recm.co.za/regarding-vol-2-no-11-the-trolley-problem/ 2024-04-02T12:37:15+00:00 https://recm.co.za/wp-content/uploads/2024/04/Remgro-share-price.png https://recm.co.za/wp-content/uploads/2024/04/Hipgnosis-share-price-Mar-2024.png https://recm.co.za/wp-content/uploads/2024/04/Japans-policy-rate.png https://recm.co.za/wp-content/uploads/2024/04/Japanese-wages.png https://recm.co.za/wp-content/uploads/2024/04/Daniel-Kahneman.jpg https://recm.co.za/regarding-the-first-time-is-always-the-sweetest/ 2024-03-28T14:19:43+00:00 https://recm.co.za/wp-content/uploads/2023/09/Bank-chart-developed-markets.png https://recm.co.za/wp-content/uploads/2023/09/Emerging-market-banks.png https://recm.co.za/wp-content/uploads/2023/09/FirstRand-absolute.png https://recm.co.za/wp-content/uploads/2023/09/FirstRand-relative.png https://recm.co.za/wp-content/uploads/2023/09/Standard-Bank-relative.png https://recm.co.za/wp-content/uploads/2023/09/20-year-treasury-ETF.png https://recm.co.za/wp-content/uploads/2023/09/Evergrande.png https://recm.co.za/regarding-dont-roll-in-the-loadshedded-mud/ 2024-03-28T14:19:31+00:00 https://recm.co.za/wp-content/uploads/2023/09/Government-bond-yield-spread-Nam-RSA.png https://recm.co.za/wp-content/uploads/2023/09/Yellowcake-Plc.png https://recm.co.za/wp-content/uploads/2023/09/Steinhoff.png https://recm.co.za/wp-content/uploads/2023/09/Dis-Chem-chart.png https://recm.co.za/regarding-concentration-works-sometimes/ 2024-03-28T14:19:22+00:00 https://recm.co.za/wp-content/uploads/2023/09/Turkey-chart.png https://recm.co.za/wp-content/uploads/2023/09/Novo-Nordisk.png https://recm.co.za/wp-content/uploads/2023/09/Danish-GDP.png https://recm.co.za/wp-content/uploads/2023/09/Transaction-Capital.png https://recm.co.za/wp-content/uploads/2023/09/Moderna.png https://recm.co.za/regarding-path-of-least-interest/ 2024-03-28T14:19:12+00:00 https://recm.co.za/wp-content/uploads/2023/09/local-offshore.png https://recm.co.za/wp-content/uploads/2023/09/Markel.png https://recm.co.za/wp-content/uploads/2023/09/Okamoto.png https://recm.co.za/wp-content/uploads/2023/09/Coal-demand.png https://recm.co.za/wp-content/uploads/2023/09/Clean-Energy.png https://recm.co.za/wp-content/uploads/2023/09/Instacart-ong.png https://recm.co.za/regarding-old-dogs-new-tricks/ 2024-03-28T14:19:05+00:00 https://recm.co.za/wp-content/uploads/2023/09/Truworths.jpg https://recm.co.za/wp-content/uploads/2023/09/Astral-Foods.jpg https://recm.co.za/wp-content/uploads/2023/09/American-Tower.jpg https://recm.co.za/wp-content/uploads/2023/09/US-housing.jpg https://recm.co.za/wp-content/uploads/2023/09/US-10-year.jpg https://recm.co.za/regarding-luxury-for-less/ 2024-03-28T14:18:57+00:00 https://recm.co.za/wp-content/uploads/2023/10/Taylor-Swift.png https://recm.co.za/wp-content/uploads/2023/10/Japanese-banks.png https://recm.co.za/wp-content/uploads/2023/10/Consol-Energy.png https://recm.co.za/wp-content/uploads/2023/10/Brait.png https://recm.co.za/wp-content/uploads/2023/10/Shoprite-PnP.png https://recm.co.za/regarding-the-infinite-game/ 2024-03-28T14:18:36+00:00 https://recm.co.za/wp-content/uploads/2023/10/Calgro.png https://recm.co.za/wp-content/uploads/2023/10/Fortress-B.png https://recm.co.za/wp-content/uploads/2023/10/Renergen.png https://recm.co.za/wp-content/uploads/2023/10/Carmax-pandemic.png https://recm.co.za/wp-content/uploads/2023/10/Carmax-10-years.png https://recm.co.za/wp-content/uploads/2023/10/Palladium.png https://recm.co.za/wp-content/uploads/2023/10/Gold-beer.png https://recm.co.za/regarding-bear-baiting/ 2024-03-28T14:18:22+00:00 https://recm.co.za/wp-content/uploads/2023/10/Novo-Nordisk.png https://recm.co.za/wp-content/uploads/2023/10/Novo-Nordisk-PE.png https://recm.co.za/wp-content/uploads/2023/10/Fairfax.png https://recm.co.za/wp-content/uploads/2023/10/Reinsurance.png https://recm.co.za/wp-content/uploads/2023/10/Beijing-Airport-Co.png https://recm.co.za/wp-content/uploads/2023/10/China-Evergrande.png https://recm.co.za/wp-content/uploads/2023/10/JD.com_.png https://recm.co.za/wp-content/uploads/2023/10/Album-covers.jpg https://recm.co.za/wp-content/uploads/2023/10/Hipgnosis-share-price.png https://recm.co.za/wp-content/uploads/2023/10/Hipgnosis-price-to-book.png https://recm.co.za/wp-content/uploads/2023/10/Full-time-jobs.png https://recm.co.za/wp-content/uploads/2023/10/Credit-growth.png https://recm.co.za/wp-content/uploads/2023/10/Bank-vs.-market.png https://recm.co.za/wp-content/uploads/2023/10/Watches.png https://recm.co.za/regarding-salads-and-scrums/ 2024-03-28T14:15:43+00:00 https://recm.co.za/wp-content/uploads/2023/10/Energy-sector.png https://recm.co.za/wp-content/uploads/2023/10/Bitcoin.png https://recm.co.za/wp-content/uploads/2023/10/Impala-Platinum.png https://recm.co.za/wp-content/uploads/2023/10/Impala-Platinum-EV-sales.png https://recm.co.za/wp-content/uploads/2023/10/Impala-revenue.png https://recm.co.za/wp-content/uploads/2023/10/PGM-basket-price.png https://recm.co.za/wp-content/uploads/2023/10/MTN.png https://recm.co.za/wp-content/uploads/2023/10/Equites.png https://recm.co.za/wp-content/uploads/2023/10/Eskom-table.png https://recm.co.za/wp-content/uploads/2023/10/Rooftop-solar.png https://recm.co.za/wp-content/uploads/2023/10/Bond-chart.png https://recm.co.za/regarding-dia-de-los-muertos/ 2024-03-28T14:15:36+00:00 https://recm.co.za/wp-content/uploads/2023/11/Tesla-margin.png https://recm.co.za/wp-content/uploads/2023/11/FTSE-100-stock-market-index.png https://recm.co.za/regarding-regime-change/ 2024-03-28T14:15:28+00:00 https://recm.co.za/wp-content/uploads/2023/11/PC-insurance-companies.jpg https://recm.co.za/wp-content/uploads/2023/11/Fairfax-discount.png https://recm.co.za/wp-content/uploads/2023/11/Fairfax-share-price.png https://recm.co.za/wp-content/uploads/2023/11/Solana-1024x615.png https://recm.co.za/wp-content/uploads/2023/11/Solana-pandemic.png https://recm.co.za/wp-content/uploads/2023/11/Paypal.png https://recm.co.za/wp-content/uploads/2023/11/Worldline.png https://recm.co.za/wp-content/uploads/2023/11/SEA-ltd.png https://recm.co.za/wp-content/uploads/2023/11/Capitalist-vs.-socialist.png https://recm.co.za/regarding-listen-to-the-music/ 2024-03-28T14:15:18+00:00 https://recm.co.za/wp-content/uploads/2023/11/Deep-deep-value.png https://recm.co.za/wp-content/uploads/2023/11/Magnificence.png https://recm.co.za/wp-content/uploads/2023/11/Value-outside-US.png https://recm.co.za/wp-content/uploads/2023/11/SCI-Merchant-West.png https://recm.co.za/wp-content/uploads/2023/11/Nintendo.png https://recm.co.za/wp-content/uploads/2023/11/Estee-Lauder.png https://recm.co.za/wp-content/uploads/2023/11/Estee-Lauder-PE.png https://recm.co.za/wp-content/uploads/2023/11/DISH.png https://recm.co.za/wp-content/uploads/2023/11/MultiChoice.png https://recm.co.za/wp-content/uploads/2023/11/Interest-rates.png https://recm.co.za/wp-content/uploads/2023/11/LNG-North-America.png https://recm.co.za/regarding-dont-be-a-turkey/ 2024-03-28T14:15:09+00:00 https://recm.co.za/wp-content/uploads/2023/11/Cresud.png https://recm.co.za/wp-content/uploads/2023/11/Itau-Unibanco.png https://recm.co.za/wp-content/uploads/2023/11/Fomento-Economico.png https://recm.co.za/wp-content/uploads/2023/11/Select-sector-SPDR.png https://recm.co.za/wp-content/uploads/2023/11/African-Rainbow-Capital.png https://recm.co.za/wp-content/uploads/2023/11/Always-a-reason-to-sell.png https://recm.co.za/wp-content/uploads/2023/11/Value-Line-Geometric.png https://recm.co.za/wp-content/uploads/2023/11/Watches.png https://recm.co.za/regarding-the-abominable-no-man/ 2024-03-28T14:14:59+00:00 https://recm.co.za/wp-content/uploads/2023/11/Piet-Omaha.png https://recm.co.za/wp-content/uploads/2023/11/Sons-gecko.png https://recm.co.za/wp-content/uploads/2023/11/Berkshire-Hathaway-meeting.png https://recm.co.za/wp-content/uploads/2023/11/BRKA-share-price.png https://recm.co.za/regarding-windshield-pitting-delusions/ 2024-03-28T14:14:52+00:00 https://recm.co.za/wp-content/uploads/2023/12/Argentina.png https://recm.co.za/wp-content/uploads/2023/12/Turkey.png https://recm.co.za/wp-content/uploads/2023/12/Coinbase.png https://recm.co.za/wp-content/uploads/2023/12/BTI.png https://recm.co.za/wp-content/uploads/2023/12/Farfetch-chart.png https://recm.co.za/wp-content/uploads/2023/12/German-exports.png https://recm.co.za/wp-content/uploads/2023/12/AI.png https://recm.co.za/wp-content/uploads/2023/12/Bison-snow.jpg https://recm.co.za/regarding-credit-where-its-due/ 2024-03-28T14:14:42+00:00 https://recm.co.za/wp-content/uploads/2023/12/Broadcom.png https://recm.co.za/wp-content/uploads/2023/12/Gold.png https://recm.co.za/wp-content/uploads/2023/12/Sibanye-Stillwater.png https://recm.co.za/wp-content/uploads/2023/12/Bayer.png https://recm.co.za/wp-content/uploads/2023/12/Twilio-meme.jpg https://recm.co.za/wp-content/uploads/2023/12/Twilio-share-price.png https://recm.co.za/regarding-review-of-2023/ 2024-03-28T14:13:19+00:00 https://recm.co.za/regarding-prophets-and-profits/ 2024-03-28T14:13:09+00:00 https://recm.co.za/wp-content/uploads/2024/01/Magnificent-Seven.png https://recm.co.za/wp-content/uploads/2024/01/Yellow-Cake.png https://recm.co.za/wp-content/uploads/2024/01/Nintendo.jpg https://recm.co.za/wp-content/uploads/2024/01/Nintendo-Jan-24.png https://recm.co.za/wp-content/uploads/2024/01/China.png https://recm.co.za/wp-content/uploads/2024/01/Walgreens.png https://recm.co.za/wp-content/uploads/2024/01/Kering.png https://recm.co.za/wp-content/uploads/2024/01/Novo-Nordisk-Jan-2024.png https://recm.co.za/regarding-the-moot-point/ 2024-03-28T14:13:00+00:00 https://recm.co.za/wp-content/uploads/2024/01/Meta-share-price.png https://recm.co.za/wp-content/uploads/2024/01/Magnificent-7.png https://recm.co.za/wp-content/uploads/2024/01/Right-and-wrong.png https://recm.co.za/wp-content/uploads/2024/01/SP500-chart.png https://recm.co.za/wp-content/uploads/2024/01/Nikkei-chart.png https://recm.co.za/wp-content/uploads/2024/01/Sasol-head-office.jpg https://recm.co.za/wp-content/uploads/2024/01/Sasol-share-price.png https://recm.co.za/wp-content/uploads/2024/01/Return-on-equity.png https://recm.co.za/wp-content/uploads/2024/01/Warner-Bros.png https://recm.co.za/wp-content/uploads/2024/01/Adamas-One-Corp.png https://recm.co.za/wp-content/uploads/2024/01/Transitory.png https://recm.co.za/wp-content/uploads/2024/01/Luxury-watches.png https://recm.co.za/regarding-vol-2-no-4/ 2024-03-28T14:12:17+00:00 https://recm.co.za/wp-content/uploads/2024/02/Netflix.png https://recm.co.za/wp-content/uploads/2024/02/Netflix-FCF-per-sub.png https://recm.co.za/wp-content/uploads/2024/02/WWIII.png https://recm.co.za/wp-content/uploads/2024/02/iShares-Aerospace.png https://recm.co.za/wp-content/uploads/2024/02/Dow-Jones.png https://recm.co.za/wp-content/uploads/2024/02/Berkshire.png https://recm.co.za/wp-content/uploads/2024/02/Tesla.png https://recm.co.za/wp-content/uploads/2024/02/UPS.png https://recm.co.za/wp-content/uploads/2024/02/Country-Garden.png https://recm.co.za/wp-content/uploads/2024/02/Lamborghini.jpg https://recm.co.za/wp-content/uploads/2024/02/Life-paths.png https://recm.co.za/regarding-vol-2-no-10-perpetual-motion-machines/ 2024-03-18T11:37:33+00:00 https://recm.co.za/wp-content/uploads/2024/03/RECM-Cycling.jpg https://recm.co.za/wp-content/uploads/2024/03/Perpetual-motion-machine.jpg https://recm.co.za/wp-content/uploads/2024/03/Mean-reversion.jpg https://recm.co.za/wp-content/uploads/2024/03/Active-vs-passive.png https://recm.co.za/wp-content/uploads/2024/03/Active-vs.-passive-flows.png https://recm.co.za/wp-content/uploads/2024/03/Concentrated-markets.png https://recm.co.za/wp-content/uploads/2024/03/Size.png https://recm.co.za/wp-content/uploads/2024/03/Argent-chart.png https://recm.co.za/wp-content/uploads/2024/03/Calgro-chart.png https://recm.co.za/wp-content/uploads/2024/03/Magazine-cover.png https://recm.co.za/wp-content/uploads/2024/03/Oscars-vs.-superbowl.png https://recm.co.za/regarding-vol-2-no-9-social-studies/ 2024-03-07T14:57:52+00:00 https://recm.co.za/wp-content/uploads/2024/03/Bumble.jpg https://recm.co.za/wp-content/uploads/2024/03/Pfizer.jpg 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