Jaco Ellis - Financial Advisor

Day 1 as initiated by Jeff Bezos at the launch of Amazon: “Jeff, what does Day 2 look like?”
That’s a question I just got at our most recent all-hands meeting. I’ve been reminding people that it’s Day 1 for a couple of decades. I work in an Amazon building named Day 1, and when I moved buildings, I took the name with me. I spend time thinking about this topic.
“Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death. And that is why it is always Day 1.”
To be sure, this kind of decline would happen in extreme slow motion. An established company might harvest Day 2 for decades, but the final result would still come.

Homeloans made easy

Economic relief for SA: Sarb announces 25bp rate cut Prime interest rate of commercial banks falls to 11.5%.

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Is the end of the increasing rate cycle near? Sure looks that way…