Mandla Magagula and I spoke via Skype yesterday morning. Mandla is a software developer based in Johannesburg, South Africa. When he’s not at work, Mandla and his team teach software craftsmanship to local youth. Mandla and I met at Ruby Fuza 2015 in Cape Town. His passion for teaching and learning radiates for anyone he meets, as you can see in this 20-minute video:
Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing. I can’t be involved in 50 or 75 things. That’s a Noah’s Ark way of investing – you end up with a zoo that way. I like to put meaningful amounts of money in a few things.
We believe that a policy of portfolio concentration may well decrease risk if it raises, as it should, both the intensity with which an investor thinks about a business and the comfort-level he must feel with its economic characteristics before buying into it. In stating this opinion, we define risk, using dictionary terms, as ‘the possibility of loss or injury.’
Members of Chicago’s Python (ChiPy), Java (CJUG), and Ruby (ChicagoRuby) communities launched The Chicago Polyglot Mingle on July 28, 2016. Purpose: To bring Chicago’s software development community together for an evening of networking and socializing. Here’s a 3-minute recap.