Podcasts about piet viljoen

Solid records of consistent outperformance in difficult times add credibility to insights on the current turmoil shared here by Re:CM founder Piet Viljoen and Sean Peche, his counterpart at Ranmore. Both delivered star turns at the BNC#7 conference in Hermanus a month ago. In this interview with BizNews editor Alec Hogg, they provide dollops of common sense to guide fretting stock market investors.

The first shots have been fired in Donald Trump's trade war as hefty duties on American imports apply from today. In this episode of the BizNews Briefing we ask what the country needs to do to avoid becoming roadkill and tap into expert opinion on what it means for South Africans - those who make goods; import them; work for international traders; and investors on the JSE. Featuring powerful insights from Washington-based Joshua Meservey; local lawyer Matthew Pool and investment gurus Piet Viljoen and Sean Peche.

At BNC#7 in Hermanus, seasoned investors Piet Viljoen and Kokkie Kooyman shared personal journeys inspired by Warren Buffett and Charlie Munger's Berkshire Hathaway. Viljoen traced his path from a junior analyst in Cape Town to embracing life-changing wisdom at the “Woodstock of Capitalism,” focusing on trust, common-sense investing, and sidestepping institutional pitfalls. Kooyman recounted how a 1999 nudge from a colleague led him to Buffett and Munger's rational business thinking during the tech bubble, spotlighting their disciplined simplicity and knack for seizing opportunities. Together, they revealed timeless principles that built Berkshire into a titan—and shaped their own success. Following their keynote speeches, Viljoen and Kooyman joined BizNews founder Alec Hogg for a lively Q&A session, diving into Warren Buffett and Charlie Munger's enduring lessons. From Buffett's reading obsession to his bold Apple investment, the trio explored practical investing wisdom, recommended must-read books, and debated asset allocation in China. They wrapped up with reflections on Berkshire Hathaway's cash hoard and Buffett's S&P 500 advice, blending humour with sharp insights.

In this episode BizNews editor Alec Hogg and his guests provide context on the news that matters to your money from the mega deal between Sanlam and Ninety One through to expectations on Nvidia and growing vaccine hesitancy following Trump's RFK appointment. Plus structuring your portfolio the Piet Viljoen way - and sleep well despite the half dozen fresh threats to your financial well-being.

Over the past month, half a dozen major changes have emerged could be giving the jitters to sleeping-easy investors. BizNews editor Alec Hogg unpacks them for Re:CM's founder Piet Viljoen - and what transpired is a master class from one of the most rational investors.

Three years into the shootout between local and offshore investing, Re:CM's Piet Viljoen is well ahead of his rival Magnus Heystek of Brenhurst. In this third anniversary update, Viljoen reckons that having already outperformed, SA stocks could benefit still further from what he calls a ‘Lollapalooza' of good news, while offshore-focused Heystek 'fesses us to a rookie error. They spoke to BizNews editor Alec Hogg.

In this episode of the BizNews Briefing, host Alec Hogg is joined by Piet Viljoen of Re:CM; Evan Walker of 36ONE; Anthony Ginsberg of Ginsglobal (from California); Gerhard van Deventer, Enforcement director at the FSCA; and Jason Welz, head of crypto at Jaltech.

Value investor Piet Viljoen discussed the South African Competition Commission's impact on the country's market dynamics. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

In this episode of the BizNews Briefing host Alec Hogg welcomes studio guests Piet Viljoen and Walter Aylett for their insights into the latest business news.

In this interview, Piet Viljoen, portfolio manager at Merchant West Investment Management, discusses the recent surge in South African stocks following the election, highlighting their continued undervaluation and under-ownership. He explores opportunities in local property and second-tier consumer stocks while cautioning against offshore investments. Viljoen emphasizes the importance of a diversified portfolio, remaining optimistic about South Africa despite political risks, and underscores the need for pure local exposure in investment strategies. Viljoen spoke to Nielsen Network CEO, Bronwyn Nielsen.

In today's episode of the BizNews Briefing, Bronwyn Nielsen, standing in for BizNews editor Alec Hogg, leads discussions on market impacts driven by China's $28 billion stimulus and global economic concerns. Guests, including JP Verster and Byron Lotter, weigh in on Chinese tech and commodities sectors, while Piet Viljoen highlights value opportunities in South African markets, particularly in property and consumer stocks. The show wraps with an update from SAPS whistleblower Patricia Morgan-Mashale and insights into defence sector challenges in South Africa from Neil de Beer.

This episode of the BizNews Briefing provides an update on the two big news stories of the moment; the political manoeuvring in Tshwane, and the assassinations of Hizbollah leadership by Israel. We hear from Mmusi Maimane, Neil de Beer and Piet Viljoen on the implications of the collapse of the Tshwane coalition; and from the FT on what's next for Hizbollah. Plus Johann Ferreira of InterCape, whose resistance to SA's Taxi Mafia has generated global headlines; and Viljoen's insights into York Timber and Renergen, which reported today.

Piet Viljoen's “cockroach” fund, where he invests in bombproof opportunities, has enjoyed benefits from buying into Chinese equities ahead of the latest surge. He explains why the rebound is long overdue, and assesses the present value. Also, in this interview with BizNews editor Alec Hogg, Re:CM's founder talks about the impact for investors of the latest GNU ructions and today's news from PPC, York Timber and Renergen.

In his keynote session at BNIC#1 in Hermanus, Piet Viljoen reflected on both good and bad investments, emphasising how bad investments can cause significant losses, while "Lollapalooza" outcomes—extremely profitable investments—are rare but attainable. He suggested inverting investment strategies, avoiding bad decisions, and seeking undervalued opportunities like energy stocks or South African equities for potential Lollapalooza returns, highlighting past success stories like Naspers and Nvidia.

Some 27 years after they introduced business radio to the country, South Africa's favourite stockbroker, Sasfin Securities' chief global equities strategist David Shapiro, reunites with Alec Hogg in the debut of the new BizNews Briefing. Here's the full interview, where Shapiro explains why he aligns with BNIC#1 keynote speakers Piet Viljoen and Cy Jacobs, who maintain JSE-listed small and medium-cap shares are the place to invest money today.

Rhodes University Management and the SRC today (Friday) marched on the Makana Municipality - as the university was forced to temporarily suspend part of its academic programme, including formal undergraduate lectures, tutorials, and practicals, amid severe disruptions to its municipal water supply. The campus has been without municipal water since Friday, 23 August 2024, and the university has had to provide water via tankers to kitchens, residences, academic buildings, and offices. Speaking to BizNews after the march, the university's CFO Kamlesh Riga describes the magnitude of the crisis, and the effect it has had on individual hygiene, health, and study conditions. He also reveals the real reasons behind the lack of water supply, and lists the contingency measures the university has put in place at great cost. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Join us for BizNews' first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA's gas bounty from new and familiar faces. Register here.

The world's most famous ultra-distance race, KZN's Comrades Marathon, is hosting an acrimonious battle between runners and the race's board of directors who are accused of industrial-scale corruption. The catalyst was an allegedly unfair dismissal of admired race manager Ann Ashworth after she exposed blatant skimming by board members of cash meant to be invested in sports development. A special general meeting will be held in Pietermaritzburg this week with its instigators intending to oust two of four board members accused of lining their own pockets. Comrades veteran and blogger Stuart Mann shared the story with BizNews editor Alec Hogg. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Join us for BizNews' first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA's gas bounty from new and familiar faces. Register here.

Former Comair and OneTime CEO's autobiography ‘Crash and Burn' provides a fascinating insight into a career in South Africa's highly visible, ever-turbulent airline industry. In the book, a filter-free Orsmond rips the bandaid obscuring truth behind the spectacular collapse of 70-year-old airline Comair - and much more. BizNews editor Alec Hogg describes it as a riveting read and in this interview, hears more of the back story of a value-destructive industry from the man dubbed its second most hated person. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Join us for BizNews' first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA's gas bounty from new and familiar faces. Register here.

In a fund-raising talk for Rotary in Hermanus last week BizNews editor Alec Hogg answers the pressing questions of the BizNews tribe. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Join us for BizNews' first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA's gas bounty from new and familiar faces. Register here.

In a fund-raising talk for Rotary in Hermanus last week, BizNews editor Alec Hogg addressed how local and international investors have reacted to the results of Election'24 and the Government of National Unity. Cutting through the noise, he eschewed popular narratives in favour of hard data that explains a perception this has been the nation's most positive change since 1994. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Join us for BizNews' first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA's gas bounty from new and familiar faces.

The African National Congress (ANC) has acted like “they're powerful players on the African stage”, but South Africa “really irritates most” other African countries because “they're always sticking their noses in everywhere”. So says the former Director of African Studies at the U.S. Army War College, retired Colonel Chris Wyatt, who witnessed the intense dislike for Nkosazana Dlamini Zuma after she was “forced on” the African Union as chairperson. “She went up there and her arrogance…and the distaste people had for her was pretty palpable when I was in Addis Ababa. She was less popular than syphilis.” Commenting on this year's spate of deaths of SANDF soldiers in the DRC, he says: “They're like lambs sent to the slaughter. They're being sent there with insufficient resources, improper medevac, no air support, insufficient logistics. It's something that South Africa should not be involved in, but it's all part of the egotistical foreign policy of the African National Congress...” He warns that the SA force is going to find itself “increasingly vulnerable to M23 and about a hundred other rebel groups who have all their own agendas and most of its criminal”. Colonel Wyatt also dissects the “war” between the DRC and Rwanda and explains why President Paul Kagame's welcome mat in the US is “wearing thin”. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Join us for BizNews' first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA's gas bounty from new and familiar faces. Register here.

In an interview with BizNews, Magnus Heystek urges South Africa to embrace bold economic reforms, suggesting radical tax breaks as a key strategy to rejuvenate the struggling economy. Heystek argues that by adopting innovative policies, such as offering flat-rate taxes to attract high-net-worth individuals and businesses, South Africa could significantly boost its financial stability and growth prospects. Highlighting recent shifts in the political landscape and emerging optimism among investors, Heystek calls for a departure from traditional approaches and advocates for dynamic solutions to stimulate economic activity and counteract the country's persistent challenges. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Join us for BizNews' first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA's gas bounty from new and familiar faces. Register here.

Action SA founder and leader Herman Mashaba has shown pretty much anything is possible in South Africa's new-look political arena. This week the man who has maintained a virulently anti-ANC stance, turned pragmatic by striking a deal with his avowed rival - in the interests, he says, of breaking the destructive stalemate in Johannesburg, the country's largest and richest city. He argues that Action SA's previously unthinkable arrangement with the ANC is in everyone's best interests. Mashaba spoke to BizNews editor Alec Hogg. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Join us for BizNews' first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA's gas bounty from new and familiar faces. Register here.

Iconic crime fighter and MP Ian Cameron - who was elected unopposed as Chairperson of the Portfolio Committee on Police in Parliament - tells BizNews viewers how the committee will function to ensure accountability, and lists his priorities as chairperson. Cameron - who had a very hostile relationship with former Police Minister Bheki Cele - also hails the new Minister, Senzo Mchunu, as somebody that listens. He has words of hope for under-resourced police officers, as well as crime victims whose cases have been taking too long to investigate. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Join us for BizNews' first investment-focused conference on Thursday, 12 September, in Hermanus, featuring top experts like Frans Cronje, Piet Viljoen, and more. Get insights on electricity and exploiting SA's gas bounty from new and familiar faces. Register here.

Veteran money manager Piet Viljoen of Merchant West has been bullish on SA assets for some months, primarily because he believes they had been too heavily discounted by a sceptical global investment community. Despite this relative optimism, he warned ahead of May 29 that were the post-election ANC to partner with the EFF “all bets are off”. In this discussion with BizNews editor Alec Hogg, the investment guru says despite a strong rally in the past few days, SA assets (the Rand, bonds, stocks) are still far too cheap - offering exceptional value right now, ahead of the coming wave of global interest.

At the halfway mark in the Local v Offshore investment challenge, Magnus Heystek's foreign holdings have recovered from an appalling start to move into positive territory. Piet Viljoen's SA-focused portfolio, however, still has a handy lead although is enjoying “a breather” ahead of a potential surge on the Election'24 results. They spoke to BizNews editor Alec Hogg.

Host Bruce Whitfield speaks to CEO of Famous Brands Darren Hele to discuss their growth revenue of R8 billion. Their company comprises of a large, globally operating trading organisation that is vertically integrated.   Richard Friedland, CEO of Netcare, discusses the group's financial results with host Bruce Whitfield. Despite a slight drop in paid patient days, Netcare's profit rose by 6.3% to R708 million for the half-year ending in March. An interim dividend of 30 cents per share was declared.  Piet Viljoen, Director & Portfolio Manager at Merchant West Investments Value Fund   reviews How the World Really Works: A Scientist's Guide to Our Past, Present and Future by Smil Vaclav with host Bruce Whitfield.       How I Make Money - Bukiwe Ngoza, senior buyer at Foschini, engages in a conversation with host Bruce Whitfield about the intricate art of fashion buying and its crucial role in the success of JSE-listed companies. She delves into the strategies and decision-making processes that underpin effective buying, highlighting how these practices impact the overall performance and competitiveness of companies in the fashion industry. See omnystudio.com/listener for privacy information.

Australian mining group BHP has launched a R650bn takeover bid for SA's 107-year-old one-time global giant Anglo American – a company now worth just a quarter of BHP's value. If successful, the deal would merely be “material” rather than “game-changing” for BHP, which is attracted by its rival's South American copper mines. A key part of the BHP bid is that Anglo must first unbundle its major South African assets Kumba Iron Ore and Anglo Platinum, which the Aussies don't want any part of. Veteran asset manager Piet Viljoen explains that this is an opening salvo in what could be a lengthy process. He says the bid illustrates SA's wealth-destructive political governance, practically reflecting the impact of deteriorating national infrastructure and unfriendly business legislation. He spoke to Alec Hogg of BizNews.

In his Q&A session at BNC#6 in Hermanus, renowned investor Piet Viljoen shared insights on his nuanced approach to property investment during an engaging discussion with Bronwyn Nielsen. Viljoen emphasised the importance of strategic capital allocation, patience, and emotional control in navigating market cycles. Touching on various topics including ESG investments and activism, Viljoen's pragmatic perspective offered valuable guidance for investors amidst evolving economic landscapes.

Market Updates: Recent news on Markus Jooste's fine and tragic passing prompts reflection on justice and mental health awareness. Telkom's sale of its towers business for R6.75 billion highlights strategic shifts and potential opportunities in the telecom sector. Ongoing rise in oil prices raises concerns about inflationary pressures and global economic impacts. Market Analysis and Insights: Gold's Surge: Gold prices hit new all-time highs above $2200, reflecting investor concerns and market sentiment following Jerome Powell's recent statements on inflation and monetary policy. Gold mining companies show varied responses, with Pan-African, Goldfields, DRD, and Anglogold Ashanti experiencing gains. Interest Rates and Economic Outlook: Powell's announcement of no immediate rate cuts and a projected total of three cuts for the year signals a cautious approach towards inflation. Rising interest rates pose challenges for companies with significant debt burdens, while those with ample cash reserves stand to benefit. Inflation and Monetary Policy: CPI data reflects higher-than-expected inflation rates, prompting speculation about potential rate cuts in South Africa and implications for economic recovery. Abenomics, Japan's economic policy experiment, demonstrates the effectiveness of unconventional monetary measures in stimulating growth and combating deflation. Company Updates and Reflections: Remgro Results: Remgro's net asset value growth raises questions about the effectiveness of its management strategy, despite trading at a significant discount. Remgro has grown its NAV per share by 5% p.a. since 2010. Over the same period, the ALSI TR index has done 12% p.a. If you expect this underperformance to continue (and nothing in their recent capital allocation decisions indicates otherwise), then a fair discount to NAV is… — Piet Viljoen (@pietviljoen) March 19, 2024   Contrasting performance with Sabvest Capital highlights the importance of superior returns and effective capital allocation in investment decisions. Sun International: Strong financial results from Sun International underscore challenges and opportunities in the leisure and hospitality sector, amid shifting consumer behaviors and economic uncertainties.

Money manager Piet Viljoen's keynote address at BNC#6 in Hermanus unveiled the challenges and opportunities of value investing amidst the dominance of index funds. Drawing parallels to historical frauds and market shifts, Viljoen emphasized the importance of active management, focusing on small, undervalued businesses with competent leadership and active share buybacks. The speech warns against blindly following indices, especially when large-cap stocks dominate, echoing Warren Buffett's cautionary analogy about bull markets. He urged investors to adopt a nuanced approach, seeking out solid fundamentals and strategic capital allocation for long-term outperformance in today's dynamic investment landscape.

Susan Comrie, investigative journalist at amaBhungane Centre for Investigative on her PetroSA story. Richard Mulholland, Owner at Missing Link on networking for introverts on our Business Unusual.Veteran fund manager, Piet Viljoen, director & portfolio manager at Merchant West Investments Value Fund was our shapeshifter. Piet has over three decades of experience in the investment industry. He shared his insights on all types of investment cycles. See omnystudio.com/listener for privacy information.

Piet Viljoen, uitvoerende direkteur & portefeuljebestuurder van Merchant West Investments gesels oor HCI en TotalEnergies se ooreenkoms. Volg RSG Geldsake op Twitter

Every day, Ranmore Fund Management's founder and chief investment officer Sean Peche uses what he learned during many years at the proverbial knee of SA's greatest money manager, the late Dr Simon Marais. Those lessons include applying a tried and tested process of uncovering value - and working hard to avoid sectoral disasters. The result has been Ranmore's consistent outperformance over the past decade and a half, catapulting its fund into the world's top 1% performers. Now comes the best possible kind of recognition from SA peer Piet Viljoen, who is entrusting his firm's $27m global value fund to Peche's management. Peche spoke to BizNews editor Alec Hogg.

Basil Sgourdos, CFO at Naspers on their half-year financial results.  Evan Walker, portfolio manager at 36ONE Asset Management on Black Friday sales for 2023 being disappointing.   David Shapiro, chief global equity strategist at Sasfin, Kokkie Kooyman, executive director & portfolio manager at Denker Capital and Piet Viljoen, portfolio manager at Counterpoint Value Fund pay tribute to Charlie Munger, Warren Buffett's trusted confidant, who died today at age 99.See omnystudio.com/listener for privacy information.

On Sunday, Argentines broke the political mould when 56% of them voted for a Libertarian to become the president of a proud nation with a broken economy. In this honest assessment of new president Javier Milei's challenges, top SA money manager Piet Viljoen explains how Argentina got to a place where socialism's decades long spell was finally broken - and the chances of the new leader's radical economic reforms being achieved. Viljoen also explains the parallels between Argentina and the path his own country is following. He spoke to BizNews editor Alec Hogg.

One of SA's best-performing fund managers is adamant that South African shares are discounting the worst but will rebound strongly, just like in every previous cycle. Andrew Vintcent of ClucasGray, whose returns in the past three years have been double those of the market, is confident that the worst is already behind JSE-listed stocks. In this interview with BizNews editor Alec Hogg, he argues the perfect storm of bad news is already starting to brighten, especially for small and medium-cap stocks. This assessment aligns with what we heard from Piet Viljoen earlier this week.

Two years into the R1m challenge to settle which is better, JSE or global investing, the performances of protagonists Piet Viljoen and Magnus Heystek have significantly narrowed. Following a flying start, Piet's “Local is Lekker” portfolio has stalled, with Magnus's offshore-focused investments clawing back after a horrific first few months. In this half-yearly recap on the Challenge, there's a surprising amount of agreement between them - including a shared warning of how marketers of financial services promote finite-time concepts whose results are bad for investors. They spoke to Alec Hogg of BizNews.

Veteran money manager Piet Viljoen is shedding no tears for how Naspers/Prosus dispatched Bob van Dijk, its CEO of the past decade, who left immediately on Monday morning. Viljoen says he and Van Dijk see the world very differently - and by his calculation, under Van Dijk's direction, management actions destroyed 40% of the value that would have accrued had they done nothing. In this typically hard-hitting interview, Viljoen discloses that he recently invested in Naspers/Prosus for the first time but won't buy any more until he is shown interim CEO Ervin Tu is not 'simply more of the same'. He spoke to Alec Hogg of BizNews.

Veteran money manager Piet Viljoen has been on the warpath against Naspers management in the runup to Tuesday's release of the group's financial results. He ripped into them in a social media post (see below), which sparked an interview with Alec Hogg where the manager of the Merchant West Value Fund elaborated on his views. Viljoen is not alone. A couple years back, a group of South African money managers issued an unprecedented public statement attacking management's approach. Given the impairments that will be disclosed with the results on Tuesday, those critical voices are likely to be heard again in the week ahead. Learn more about your ad choices. Visit megaphone.fm/adchoices

A collapse in the Rand and a sharp fall in local asset prices brought the contestants in the R1m Local v Offshore Challenge much closer together. But 18 months into the five-year competition, Piet Viljoen's portfolio still has a handy lead (R550 000 v R450 000), and he says the JSE's selloff has made high-quality SA shares very attractive. They are so cheap that even Magnus Heystek, his rival, reckons it's worth buying them. They spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this insightful BNC#5 investment panel discussion 36One's Cy Jacobs, Ranmore Fund's Sean Peche, and Merchant West's Piet Viljoen offer their insights as they weigh in on pressing investing questions covering growth vs. value, the problems with technology and the volatile future of the stock market. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the follow-up to his BNC#5 presentation Piet Viljoen delves into what he thinks will happen in 2024 if either an ANC/EFF coalition or the Rainbow coalition assumes power and what it could mean for investment performance. He also offers his thoughts on Bitcoin and its place in today's turbulent society. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this BNC#5 presentation, portfolio manager, Piet Viljoen, delves into his portfolio of undervalued securities and warns that each security is like a brittle twig that can easily break. He clarifies that the job is not to pick individual stocks, but to manage the portfolio using a sensible investment process. Viljoen also expands on low-risk investment opportunities in South Africa that have generated strong returns in recent years, emphasising the importance of considering valuations when investing in Africa. Viljoen notes that while South Africa may be perceived as a tough place to invest, valuation is the only reason to invest in the country, he encourages investors to take advantage of valuations but to also be mindful of the risks associated with investing in South Africa. Learn more about your ad choices. Visit megaphone.fm/adchoices

We're 20% into the five-year Local v Offshore investment Challenge and Counterpoint's Piet Viljoen is off to a fast start. His SA-focused half of the R1m stake has appreciated to R550 239 – a superb achievement considering substantial ‘drawdowns' (ie price drops) reported by asset managers worldwide. Offshore-focused Magnus Heystek of Brenthurst Wealth is absorbing the full brunt of the market meltdown, with his half dropping in value to R365 470. Between the two of them, however, the R1m has depreciated by a modest 8.5%, reflecting the power of diversification as it is a significant outperformance against most asset portfolios. On the one-year anniversary of the challenge, Piet and Magnus look back at the past year and ahead to the next four. Both will be keynote speakers at BNC#5 in the Drakensberg at the end of February. They spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices

A must watch investment debate between master fund managers Cy Jacobs of 36ONE and Piet Viljoen of Counterpoint at the BizNews Conference #4. Topics under the hammer included differing investment principles, performance fees and how to position your portfolio post-2024. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Q&A from BNC#4, Cy Jacobs shares his insights into investing, how 36ONE runs multiple funds, on performance fees, Warren Buffet, and crypto currencies. This Q&A was in preparation for Cy's debate with Piet Viljoen.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this question and answer session from BizNews Conference #4, Piet Viljoen discusses his investment portfolio method of tying a number of stocks together to create a stronger bundle. He gives his opinion on funds with performance fees and how his fund is faring in the local vs offshore investment competition with Magnus Heystek.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this fascinating talk from money manager Piet Viljoen at BNC#4, he suggests methods and principles to think about while managing your money, whether you're an individual investor or allocating assets to a fund. This talk leads up to his debate with Cy Jacobs of 36ONE. Learn more about your ad choices. Visit megaphone.fm/adchoices

Deeply rational Piet Viljoen updates us on his investment perspectives in this wide ranging interview with Alec Hogg of BizNews.com. The BNC#4 keynote speaker contrasts the fortunes of the world's three major economic blocs, but warns that while currency and share markets are priced for this to last indefinitely, nothing is forever. Viljoen also shares his thoughts on the debate over performance fees, sparked by Sean Peche's disclosures on BizNews - providing perspective on seemingly outrageous rumours that the CEO of Coronation Fund Managers is paid a staggering R100m a year. Learn more about your ad choices. Visit megaphone.fm/adchoices