Wazua
»
Investor
»
Stocks
»
Portfolio Balancing: Avoid Over Exposure To Financial Sector
Rank: Elder Joined: 7/22/2009 Posts: 7,855
|
My 2 cents wrote:No need for talking in codes or needless theatrics. All global markets are down on account of Iran. As soon as Trump tweets cessation of war, markets will rebound. It’s that simple. No codes needed. Exactly!! Simple! Not rocket science!! I wish I had free cash!! A beautiful buying window coming up! Hopefully by the time I get my dividends the window will not have shut!!! I thought I had all the Equity shares I needed (It is my largest holding) but listening to James Mwangi during the release of FY 25 Results, I think if a window opens up I should load more. Much much more. Equity Group in 10 years will be unnoticeable! In 20 years... Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,809 Location: NAIROBI
|
MaichBlack wrote:My 2 cents wrote:No need for talking in codes or needless theatrics. All global markets are down on account of Iran. As soon as Trump tweets cessation of war, markets will rebound. It’s that simple. No codes needed. Exactly!! Simple! Not rocket science!! I wish I had free cash!! A beautiful buying window coming up! Hopefully by the time I get my dividends the window will not have shut!!! I thought I had all the Equity shares I needed (It is my largest holding) but listening to James Mwangi during the release of FY 25 Results, I think if a window opens up I should load more. Much much more. Equity Group in 10 years will be unnoticeable! In 20 years... Will James Mwangi be still there and what is the succession plan? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,354 Location: Nairobi
|
Ericsson wrote:MaichBlack wrote:My 2 cents wrote:No need for talking in codes or needless theatrics. All global markets are down on account of Iran. As soon as Trump tweets cessation of war, markets will rebound. It’s that simple. No codes needed. Exactly!! Simple! Not rocket science!! I wish I had free cash!! A beautiful buying window coming up! Hopefully by the time I get my dividends the window will not have shut!!! I thought I had all the Equity shares I needed (It is my largest holding) but listening to James Mwangi during the release of FY 25 Results, I think if a window opens up I should load more. Much much more. Equity Group in 10 years will be unnoticeable! In 20 years... Will James Mwangi be still there and what is the succession plan? JM will likely be retired by 2036. Brent. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,855
|
Ericsson wrote:MaichBlack wrote:My 2 cents wrote:No need for talking in codes or needless theatrics. All global markets are down on account of Iran. As soon as Trump tweets cessation of war, markets will rebound. It’s that simple. No codes needed. Exactly!! Simple! Not rocket science!! I wish I had free cash!! A beautiful buying window coming up! Hopefully by the time I get my dividends the window will not have shut!!! I thought I had all the Equity shares I needed (It is my largest holding) but listening to James Mwangi during the release of FY 25 Results, I think if a window opens up I should load more. Much much more. Equity Group in 10 years will be unnoticeable! In 20 years... Will James Mwangi be still there and what is the succession plan? Equity is now an extremely well oiled machine. It is not dependent on James Mwangi. He is no longer involved in day to day running and is basically the vision carrier. 1. Role Evolution. In November 2024, Dr. James Mwangi stated he has moved from a daily "manager" role to an investor role, operating within a non-operating investment company to identify opportunities for shareholder funds. His role is now focused on high-level regional expansion, strategy, and sustainability rather than day-to-day branch operations. And of course he does not work alone on this! 2. Decentralized Operations. While James Mwangi remains the Group CEO, Equity Bank’s commercial business is now conducted through distinct subsidiaries with their own boards and leadership (such as Moses Nyabanda at Equity Bank Kenya). 3. Governance and Nominations Committee - This committee overseen by the board, is in charge of formal succession planning framework, focusing on nurturing internal talent and grooming next-generation leaders. The plan addresses both board-level and senior management turnover to ensure continuity. Key Aspects of Equity Bank's Succession Planning:Board Charter Focus: The Group Board Charter dictates the structured approach to talent identification, board development, and evaluation, ensuring smooth transitions in senior leadership. Internal Talent Development: The bank utilizes mentorship programs, rotational assignments, and talent identification initiatives to build a sustainable leadership pipeline. Nurturing Future Leaders: The bank focuses on identifying high-performing employees for "shadow positioning" to train for future roles. Culture Maintenance: To mitigate the reliance on its charismatic leadership, Equity focuses on embedding its core values and culture deeply within staff, sometimes through "culture ambassadors". External Focus: While nurturing internally, the group also utilizes external recruitment to bring in new skills as needed for strategic growth. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,354 Location: Nairobi
|
MaichBlack wrote:Ericsson wrote:MaichBlack wrote:My 2 cents wrote:No need for talking in codes or needless theatrics. All global markets are down on account of Iran. As soon as Trump tweets cessation of war, markets will rebound. It’s that simple. No codes needed. Exactly!! Simple! Not rocket science!! I wish I had free cash!! A beautiful buying window coming up! Hopefully by the time I get my dividends the window will not have shut!!! I thought I had all the Equity shares I needed (It is my largest holding) but listening to James Mwangi during the release of FY 25 Results, I think if a window opens up I should load more. Much much more. Equity Group in 10 years will be unnoticeable! In 20 years... Will James Mwangi be still there and what is the succession plan? Equity is now an extremely well oiled machine. It is not dependent on James Mwangi. He is no longer involved in day to day running and is basically the vision carrier. 1. Role Evolution. In November 2024, Dr. James Mwangi stated he has moved from a daily "manager" role to an investor role, operating within a non-operating investment company to identify opportunities for shareholder funds. His role is now focused on high-level regional expansion, strategy, and sustainability rather than day-to-day branch operations. And of course he does not work alone on this! 2. Decentralized Operations. While James Mwangi remains the Group CEO, Equity Bank’s commercial business is now conducted through distinct subsidiaries with their own boards and leadership (such as Moses Nyabanda at Equity Bank Kenya). 3. Governance and Nominations Committee - This committee overseen by the board, is in charge of formal succession planning framework, focusing on nurturing internal talent and grooming next-generation leaders. The plan addresses both board-level and senior management turnover to ensure continuity. Key Aspects of Equity Bank's Succession Planning:Board Charter Focus: The Group Board Charter dictates the structured approach to talent identification, board development, and evaluation, ensuring smooth transitions in senior leadership. Internal Talent Development: The bank utilizes mentorship programs, rotational assignments, and talent identification initiatives to build a sustainable leadership pipeline. Nurturing Future Leaders: The bank focuses on identifying high-performing employees for "shadow positioning" to train for future roles. Culture Maintenance: To mitigate the reliance on its charismatic leadership, Equity focuses on embedding its core values and culture deeply within staff, sometimes through "culture ambassadors". External Focus: While nurturing internally, the group also utilizes external recruitment to bring in new skills as needed for strategic growth. In other words, Equity is not a fish vendor pale Bondo.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,855
|
VituVingiSana wrote:MaichBlack wrote:Ericsson wrote:MaichBlack wrote:My 2 cents wrote:No need for talking in codes or needless theatrics. All global markets are down on account of Iran. As soon as Trump tweets cessation of war, markets will rebound. It’s that simple. No codes needed. Exactly!! Simple! Not rocket science!! I wish I had free cash!! A beautiful buying window coming up! Hopefully by the time I get my dividends the window will not have shut!!! I thought I had all the Equity shares I needed (It is my largest holding) but listening to James Mwangi during the release of FY 25 Results, I think if a window opens up I should load more. Much much more. Equity Group in 10 years will be unnoticeable! In 20 years... Will James Mwangi be still there and what is the succession plan? Equity is now an extremely well oiled machine. It is not dependent on James Mwangi. He is no longer involved in day to day running and is basically the vision carrier. 1. Role Evolution. In November 2024, Dr. James Mwangi stated he has moved from a daily "manager" role to an investor role, operating within a non-operating investment company to identify opportunities for shareholder funds. His role is now focused on high-level regional expansion, strategy, and sustainability rather than day-to-day branch operations. And of course he does not work alone on this! 2. Decentralized Operations. While James Mwangi remains the Group CEO, Equity Bank’s commercial business is now conducted through distinct subsidiaries with their own boards and leadership (such as Moses Nyabanda at Equity Bank Kenya). 3. Governance and Nominations Committee - This committee overseen by the board, is in charge of formal succession planning framework, focusing on nurturing internal talent and grooming next-generation leaders. The plan addresses both board-level and senior management turnover to ensure continuity. Key Aspects of Equity Bank's Succession Planning:Board Charter Focus: The Group Board Charter dictates the structured approach to talent identification, board development, and evaluation, ensuring smooth transitions in senior leadership. Internal Talent Development: The bank utilizes mentorship programs, rotational assignments, and talent identification initiatives to build a sustainable leadership pipeline. Nurturing Future Leaders: The bank focuses on identifying high-performing employees for "shadow positioning" to train for future roles. Culture Maintenance: To mitigate the reliance on its charismatic leadership, Equity focuses on embedding its core values and culture deeply within staff, sometimes through "culture ambassadors". External Focus: While nurturing internally, the group also utilizes external recruitment to bring in new skills as needed for strategic growth. In other words, Equity is not a fish vendor pale Bondo. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,236 Location: nairobi
|
MaichBlack wrote:VituVingiSana wrote:MaichBlack wrote:Ericsson wrote:MaichBlack wrote:My 2 cents wrote:No need for talking in codes or needless theatrics. All global markets are down on account of Iran. As soon as Trump tweets cessation of war, markets will rebound. It’s that simple. No codes needed. Exactly!! Simple! Not rocket science!! I wish I had free cash!! A beautiful buying window coming up! Hopefully by the time I get my dividends the window will not have shut!!! I thought I had all the Equity shares I needed (It is my largest holding) but listening to James Mwangi during the release of FY 25 Results, I think if a window opens up I should load more. Much much more. Equity Group in 10 years will be unnoticeable! In 20 years... Will James Mwangi be still there and what is the succession plan? Equity is now an extremely well oiled machine. It is not dependent on James Mwangi. He is no longer involved in day to day running and is basically the vision carrier. 1. Role Evolution. In November 2024, Dr. James Mwangi stated he has moved from a daily "manager" role to an investor role, operating within a non-operating investment company to identify opportunities for shareholder funds. His role is now focused on high-level regional expansion, strategy, and sustainability rather than day-to-day branch operations. And of course he does not work alone on this! 2. Decentralized Operations. While James Mwangi remains the Group CEO, Equity Bank’s commercial business is now conducted through distinct subsidiaries with their own boards and leadership (such as Moses Nyabanda at Equity Bank Kenya). 3. Governance and Nominations Committee - This committee overseen by the board, is in charge of formal succession planning framework, focusing on nurturing internal talent and grooming next-generation leaders. The plan addresses both board-level and senior management turnover to ensure continuity. Key Aspects of Equity Bank's Succession Planning:Board Charter Focus: The Group Board Charter dictates the structured approach to talent identification, board development, and evaluation, ensuring smooth transitions in senior leadership. Internal Talent Development: The bank utilizes mentorship programs, rotational assignments, and talent identification initiatives to build a sustainable leadership pipeline. Nurturing Future Leaders: The bank focuses on identifying high-performing employees for "shadow positioning" to train for future roles. Culture Maintenance: To mitigate the reliance on its charismatic leadership, Equity focuses on embedding its core values and culture deeply within staff, sometimes through "culture ambassadors". External Focus: While nurturing internally, the group also utilizes external recruitment to bring in new skills as needed for strategic growth. In other words, Equity is not a fish vendor pale Bondo. Dividend yield looking sweeter with each passing day. Time to buy?
|
|
|
Wazua
»
Investor
»
Stocks
»
Portfolio Balancing: Avoid Over Exposure To Financial Sector
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|