I am managing my blood sugar pole pole reflecting on the years that have been. My entire portfolio is 50%(on average) in the negative with some counters at -ve 90% while others have been suspended with no communication at all(read Atlas Africa Industries). The winter has been long and dark. Money has been hard to come by as usual(economics 101: Money is scarce by nature). From the look of things, there is no respite in the near future. Books have been cooked and continue to be cooked with impunity. Profit warnings still persist.
What baffles me is that counters that not so long did rights issues at a whooping 30bob are now trading at 4.50bob others whose rights were floated 19.5 bob are now selling for 3 bob.When i think of these wonders of the world that only happen in Kenya, i derive solace that i am not alone. There are many others nursing their sukari quietly and not sleeping at night.
Sometimes i wish i just kept my money under the mattress and not attempted chasing the Kenyan dream.
How are you surviving?
Dumb money becomes dumb only when it listens to smart money