Talent winning war against capital – so no rugby biographies this Xmas

Bryan Habana (Gallo)
Bryan Habana (Gallo)

Ever since reading bestselling author Malcolm Gladwell’s views on the subject, I’ve developed a healthy interest in the ongoing war between talent and capital. The conflict took a while to reach South African shores, but it has most definitely arrived.

Over lunch yesterday the MD of a leading book publisher explained why there won’t be any retiring Springbok’s biography available for stuffing into fans’ Christmas stockings. That’s very unusual in a World Cup year when players having had their swan-songs traditionally vie for reader attention.

He explained the likes of Jean de Villiers, Fourie du Preez, Schalk Burger and Bryan Habana could expect to make between R1m and R1.5m in royalties from a biography. But despite the best efforts of SA publishers, the athletes have turned them all down.

Seems the earning potential of a rugby star, even an aged one, is so high nowadays that book receipts don’t justify time they’d spend telling their story to a biographer. Talent is most certainly trumping capital. And the trend shows little sign of slowing.

For more in-depth business news, visit biznews.com or simply sign up for the daily newsletter.

* Add your voice to our Wealth & Investment Issue by writing a guest post or sharing a personal story.

ZAR/USD
17.52
(-1.15)
ZAR/GBP
23.04
(-1.40)
ZAR/EUR
20.74
(-0.88)
ZAR/AUD
12.60
(-1.06)
ZAR/JPY
0.17
(-1.23)
Gold
2057.76
(+1.08)
Silver
28.16
(+4.94)
Platinum
983.00
(+2.04)
Brent Crude
45.33
(+1.67)
Palladium
2228.00
(+2.47)
All Share
57833.63
(+0.35)
Top 40
53519.24
(+0.45)
Financial 15
9841.89
(-0.88)
Industrial 25
76364.53
(+0.27)
Resource 10
60469.54
(+1.14)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 902 votes
It depends on how the funds are used.
74% - 6011 votes
No. We should have gotten the loan elsewhere.
15% - 1218 votes
Vote