I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.

Doing business in Jamaica is not easy, but it is rewarding.

The mantra of the National Commercial Bank is 'building a better Jamaica.' If this bank is going to be everlastingly successful, it has to take on the ailments of this society.

I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.

My first playpen was a cardboard box.

You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.

From an early age my mother told me that there were so many of us that if I was to get anything in life I would have to get it myself. So I did.