Allan Gray (investor)
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Allan Gray (investor)
Allan William Buchanan Gray (8 April 1938 – 10 November 2019) was a South African billionaire businessman and philanthropist. He founded the privately owned investment management company named after him, and the non-profit Allan Gray Orbis Foundation, and the Allan and Gill Gray Charitable Trust. Before he donated his stake in the Allan Gray investment management company, his net worth was estimated to have been US$1.8 billion in 2017. Early life Gray was born in the South African city of East London in 1938. His family had migrated from Aberdeen, Scotland to the then Cape Colony town of Butterworth in the 1890s. His grandmother was the first female mayor in South Africa when she was elected mayor of Butterworth years later and had attended the University of Aberdeen. Gray stated that his grandmother played a large role in his future success by instilling a family focus on education. After completing high school at Selborne College, he studied accounting at Rhodes Univers ...
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East London, Eastern Cape
East London ( xh, eMonti; af, Oos-Londen) is a city on the southeast coast of South Africa in the Buffalo City Metropolitan Municipality of the Eastern Cape province. The city lies on the Indian Ocean coast, largely between the Buffalo River (Eastern Cape), Buffalo River and the Nahoon River, and hosts the country's only river port. , East London had a population of over 267,000 with over 755,000 in the metropolitan area. History Early history John Bailie, one of the 1820 Settlers, surveyed the Buffalo River (Eastern Cape), Buffalo River mouth and founded the town in 1836. There is a memorial on Signal Hill commemorating the event. The city formed around the only river port in South Africa and was originally known as Port Rex. Later it was renamed London in honour of the capital city of the United Kingdom, hence the name East London. This settlement on the West Bank was the nucleus of the town of East London, which was elevated to city status in 1914. During the early to mi ...
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Kennedy Slide Of 1962
The Kennedy Slide of 1962, also known as the Flash Crash of 1962, is the term given to the stock market decline from December 1961 to June 1962 during the Presidential term of John F. Kennedy. After the market experienced decades of growth since the Wall Street Crash of 1929, the stock market peaked during the end of 1961 and plummeted during the first half of 1962. During this period, the S&P 500 declined 22.5%, and the stock market did not experience a stable recovery until after the end of the Cuban Missile Crisis. The Dow Jones Industrial Average fell 5.7%, down 34.95, the second-largest point decline then on record. Background Following the Wall Street Crash of 1929, speculators became more cautious and reluctant about holding on to stocks for extended periods of time. As a result, there was an increased trend of pooling on the bear side of the market—betting on stock prices to lower—and pushing stock prices down further. These bear raids allowed many Wall Street investors ...
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People From East London, Eastern Cape
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural form of per ...
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Harvard Business School Alumni
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States and one of the most prestigious and highly ranked universities in the world. The university is composed of ten academic faculties plus Harvard Radcliffe Institute. The Faculty of Arts and Sciences offers study in a wide range of undergraduate and graduate academic disciplines, and other faculties offer only graduate degrees, including professional degrees. Harvard has three main campuses: the Cambridge campus centered on Harvard Yard; an adjoining campus immediately across Charles River in the Allston neighborhood of Boston; and the medical campus in Boston's Longwood Medical Area. Harvard's endowment is valued at $50.9 billion, making it the wealthiest academic institution in the world. Endowment inco ...
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Alumni Of Selborne College
Alumni (singular: alumnus (masculine) or alumna (feminine)) are former students of a school, college, or university who have either attended or graduated in some fashion from the institution. The feminine plural alumnae is sometimes used for groups of women. The word is Latin and means "one who is being (or has been) nourished". The term is not synonymous with "graduate"; one can be an alumnus without graduating (Burt Reynolds, alumnus but not graduate of Florida State, is an example). The term is sometimes used to refer to a former employee or member of an organization, contributor, or inmate. Etymology The Latin noun ''alumnus'' means "foster son" or "pupil". It is derived from PIE ''*h₂el-'' (grow, nourish), and it is a variant of the Latin verb ''alere'' "to nourish".Merriam-Webster: alumnus
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2019 Deaths
This is a list of deaths of notable people, organised by year. New deaths articles are added to their respective month (e.g., Deaths in ) and then linked here. 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 See also * Lists of deaths by day The following pages, corresponding to the Gregorian calendar, list the historical events, births, deaths, and holidays and observances of the specified day of the year: Footnotes See also * Leap year * List of calendars * List of non-standard ... * Deaths by year {{DEFAULTSORT:deaths by year ...
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1938 Births
Events January * January 1 ** The Constitution of Estonia#Third Constitution (de facto 1938–1940, de jure 1938–1992), new constitution of Estonia enters into force, which many consider to be the ending of the Era of Silence and the authoritarian regime. ** state-owned enterprise, State-owned railway networks are created by merger, in France (SNCF) and the Netherlands (Nederlandse Spoorwegen – NS). * January 20 – King Farouk of Egypt marries Safinaz Zulficar, who becomes Farida of Egypt, Queen Farida, in Cairo. * January 27 – The Honeymoon Bridge (Niagara Falls), Honeymoon Bridge at Niagara Falls, New York, collapses as a result of an ice jam. February * February 4 ** Adolf Hitler abolishes the War Ministry and creates the Oberkommando der Wehrmacht (High Command of the Armed Forces), giving him direct control of the German military. In addition, he dismisses political and military leaders considered unsympathetic to his philosophy or policies. Gene ...
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Hamilton, Bermuda
The City of Hamilton, in Pembroke Parish, is the territorial capital of the British Overseas Territory of Bermuda. It is the territory's financial centre and a major port and tourist destination. Its population of 854 (2016) is one of the smallest of any capital city. History The history of Hamilton as a British city began in 1790 when the government of Bermuda set aside for its future seat, officially incorporated in 1793 by an Act of Parliament, and named for Governor Henry Hamilton. The colony's capital relocated to Hamilton from St George's in 1815. The city has been at the political and military heart of Bermuda ever since. Government buildings include the parliament building, the Government House to the north, the former Admiralty House of the Royal Navy to the west (both in Pembroke), and the British Army garrison headquarters at Prospect Camp to its east. The Town of Hamilton became a city in 1897, ahead of the consecration in 1911 of the Cathedral of the Most ...
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University Of Cape Town
The University of Cape Town (UCT) ( af, Universiteit van Kaapstad, xh, Yunibesithi ya yaseKapa) is a public research university in Cape Town, South Africa. Established in 1829 as the South African College, it was granted full university status in 1918, making it the oldest university in South Africa and the oldest university in Sub-Saharan Africa in continuous operation. UCT is organised in 57 departments across six faculties offering bachelor's ( NQF 7) to doctoral degrees ( NQF 10) solely in the English language. Home to 30 000 students, it encompasses six campuses in the Capetonian suburbs of Rondebosch, Hiddingh, Observatory, Mowbray, and the Waterfront. Although UCT was founded by a private act of Parliament in 1918, the Statute of the University of Cape Town (issued in 2002 in terms of the Higher Education Act) sets out its structure and roles and places the Chancellor - currently, Dr Precious Moloi Motsepe - as the ceremonial figurehead and invests real leadership ...
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Mail And Guardian
The mail or post is a system for physically transporting postcards, letters, and parcels. A postal service can be private or public, though many governments place restrictions on private systems. Since the mid-19th century, national postal systems have generally been established as a government monopoly, with a fee on the article prepaid. Proof of payment is usually in the form of an adhesive postage stamp, but a postage meter is also used for bulk mailing. With the advent of email, the retronym "snail mail" was coined. Postal authorities often have functions aside from transporting letters. In some countries, a postal, telegraph and telephone (PTT) service oversees the postal system, in addition to telephone and telegraph systems. Some countries' postal systems allow for savings accounts and handle applications for passports. The Universal Postal Union (UPU), established in 1874, includes 192 member countries and sets the rules for international mail exchanges as a Specializ ...
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Bursaries
A bursary is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into study. England In England, financial support may be available from the college that the student attends. If the student is studying at either a publicly funded Sixth Form college or in a publicly funded Further Education college, financial support may be offered depending on their financial and personal circumstances. Each college has their own eligibility criteria however a college is able to provide details on which bursaries are available and what level of financial support students may be eligible for. Financial support is almost always based on the student's ″household″ income along with other criteria. Income level limits and eligibility vary from college to colle ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, Rail transport, ...
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