Lessons learned from managing one of SA’s top-performing funds of the last decade

A raft of regulatory reforms in recent weeks has hit stock prices – but there’s a deeper theme at work.

A culture of robust debate, quickly correcting course when mistakes are made and choosing better quality, rather than cheaper, businesses.

Poland, Australia and India are the latest countries to censure Big Tech companies for abusing their power to control the flow of information. The antitrust movement is coming, and this has implications for valuations.

SA’s vaccine rollout will be slower than other emerging markets, but it is set to benefit from the market recovery trend.

Will government opt for more of the same, or growth? The choice is stark. Either we cut spending or we refloat the economy.

Talk of vaccines and the recovery of cyclical stocks point to a better year ahead.