If you’re reading this periodical you’re likely familiar with the book “Fooled by Randomness” (by Nassim Nicholas Taleb) published in 2001. It became something of folklore artifact among finance professionals who started using the title as a colloquialism when referring to lucky people. The book more formally describes how sometimes we are all beneficiaries of random events. It was the first time many of us began thinking about randomness as an object, as opposed to just a word to describe variation – the idea has been gnawing at me ever since.
Around 2020, after embroiled in exceeding maximum pension mandated investments , asset manager JM Busha , did not recover and exited the unit trust industry.
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Met Collective Investments in it s heydays administered almost a quarter of all SA registered third party funds before it s consolidation with Momentum Investments after merger of Metropolitan and Momentum in 2017.
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