Andrew Padoa

Mar 5, 2024 | contenthub.sasfin.com | Andrew Padoa

I have enjoyed reading Nick Sleep’s investment letters. For a long time, these letters were unavailable, but were made public in 2021 on Nick’s Charitable Foundation website. Not well known, he is considered to be among the best investors the world has seen. In 2001, Nick and his partner Qais Zakaria (known as Zak) launched the Nomad Investor Partnership. From 2001 until 2014, they achieved returns of 20.8% per annum in USD compared to global stock markets averaging 6.5% annually.

Jul 13, 2023 | contenthub.sasfin.com | Ntombi Ntanzi |Andrew Padoa

On the 30th of November 2022, the general public was introduced to ChatGPT, an artificial intelligence (“AI”) chatbot developed by OpenAI. In less than a week, ChatGPT had over 1 million users and in just two months its user base had grown to over 100 million users. This unprecedented rate of growth surpassed popular social media applications such as WhatsApp, Twitter and Instagram, which took years to reach this kind of scale. Even TikTok “only” reached this particular milestone after nine months.

Jul 13, 2023 | contenthub.sasfin.com | Andrew Padoa |Chris Jordan |Ntombi Ntanzi

Unless you were an avid gamer or fancied yourself as a “cryptobro” you had probably never heard of a company called Nvidia. On the back of the artificial intelligence (AI) mania that has swept the markets, Nvidia’s stock price has tripled year-to-date as many have anointed it the “AI winner”, at least for now.