Meaning you sold?

quietly done. You must have taken a terrible hit , pole. ICDC, you are again in the negative

Look who is talking
And Im sure for you the investment in HAL that you are hanging on to for dear life as it goes straight down like a rock is way more than 2% of assets
I took a hit indeed but it was gambling monee to begin with. Casino sio mjezo. At least with ICDC the profits are real and dividends flow yearly without delay. It is also selling at crazy levels below book value so it is a no brainer for me. Even then I do not trust the casino hence the 2% max exposure at any time!

Look at it in terms of probability. Ranked with increasing levels of risk:

1. Land: Safe haven. Everyone invested in real estate sees value gains. Politicians, civil servants, kings, paupers, hard-workers and those waiting to inherit from them- as long as your claim to the land is valid, gains are certain.

2. Unit trusts, MMF, T-Bills and Bonds- Sit pretty and wait for the interest cheques to roll in. Steady and predictable growth, unless the government screws the economy.

3. Stocks: Riskier. But if you pick a valuable firm, that meets shareholder needs and consumer demands at the same time- and increase your stake significantly, you get higher gains. cc. long-term gains like for those who got into Safaricom at Sh 2. or fast ones like the famous Black Wednesday where a brave bet by George soros made $1 billion usd in short selling. Or you could pick a monkey and see if it will jump like Orchards did, and hope it doesn't trap your capital like ARM.

4. Crypto: Requires more nerves of steel. However, has made more common folk millionaires in the past half-decade compared to all the rest. Conversely, it has also made multiple more bankrupt.

5. Gambling: (casinos to sport betting) Chances are very low. Can make you broke very fast, but when you get the right combination, you hit the jackpot, like one Cosmas Korir who no has to share 42 million from his winnings with GoK as taxes

6. The lottery: You have a better chance of being hit by lightning than winning the lottery- like the Powerball, where odds are 1 in 292,201,338. But tell that to the 42-year-old Nandlall Mangal who pocketed $245.6 million

My point is: there are success stories across the scope. The higher the level of risk, the fewer the number of people who've actually succeeded. And vice-versa- the lower the risk, the easier you get to sleep at night.

It comes down to the individual: How fast do you want your gains? What are you willing to put on the line? Some are comfortable with slow but sure gains. Others take more chances. Fortune favours the bold.

Going back to my earlier position. When challenged to multiply $1000 into $100000, my choice could be to get into stocks. Would I succeed? Maybe, maybe not. Regardless, that's as much as my risk-tolerance will allow me.

But SportPesa head of Consumer Care Emily Gachuki said the winner would get the whole amount. “As it stands, nothing will be deducted from the win, as we are still waiting on the Government’s directive on the tax,” said Ms Gachuki.