by Webmaster | Apr 8, 2019 | Insights
“Is now a good time to invest?” is one of the most frequently asked questions in the investment world. And in the current environment, the “no” camp seems to hold greater sway. Only consider the rand’s volatility, an anaemic domestic economy, Eskom’s numerous woes,...
by Webmaster | Mar 27, 2019 | Insights
One of the first principles in investing is to “buy low and sell high”. A second principle is to avoid the risk of doing the exact opposite, namely “buying high and selling low”. While these two principles seem patently obvious, they can be challenging to implement,...
by Webmaster | Mar 13, 2019 | Insights
“Humility [showed] me the need for worldwide diversification to reduce risk.” – Sir John Templeton Offshore investing should form a part of most investors’ portfolios. This is especially the case for investors based in “small” economies, such as South Africa. As the...
by Webmaster | Mar 11, 2019 | Insights
Author and investor Jim Slater states of large-cap companies, “elephants don’t gallop”. And as history shows us (see Chart 1) mid- and small-cap companies have enjoyed superior growth over the long term. Chart 1: FTSE/JSE Mid-Cap and Small-Cap Performance, 1995-2018...
by Webmaster | Feb 14, 2019 | Insights
“I strive to discover the proverbial dollar bill selling for 50 cents,preferably with enough volatility such that I have the opportunityto buy at 40 cents or less.”Michael Burry, Scion Capital In 1996, around the time that Cannon Asset Managers was conceived, we...
by Webmaster | Feb 12, 2019 | Insights
2018 was a bruising year for investors, as traditional asset classes delivered returns that can at best be described as unsatisfactory. Yet, amidst the gloom, an often-forgotten asset class shone through, achieving a solid return of 15%: preference shares. Source:...
