Creator
Jordan Toy is a private wealth manager who specialises in constructing and managing portfolios with a long-term investment philosophy rooted in business fundamentals and human behaviour. He’s especially interested in how companies create value, and how markets respond over time.
SpaceX, Anthropic, OpenAI: what the IPO class of 2026 (and their investors) should have learnt from the past 40 years of company listings
Prediction markets are a remarkable tool for gauging what the world thinks is about to happen (but remember: humans are bad at forecasts)
The world’s largest-ever IPO is in the works, with Elon Musk aiming for a June listing. Is the hype for this $1.75-trillion company justified?
At best, the word is a statement of the obvious. At worst, it triggers a type of paralysis that leads to missed opportunities and capital losses
The risk isn’t that concentration exists, it’s what happens when expectations embedded in steep share prices aren’t met
South Africans bet trillions and save very little. Investing flips the odds: time and compounding returns quietly build wealth long after luck runs out
The global sportswear market is set to hit $433bn. Previous superstars Nike and Lululemon have been market dogs, but the chances of an uptick are good
If you’re waiting for a ‘better price’ in the market, ask yourself how long you can hold your breath
Loyal customers willing to pay astronomical prices for scarce products? Welcome to the investment thesis for the world’s top brands
