• All Posts By

    Gium Marais

    Investing for 2030

    By | Investments

    We all know the world is changing and our children and grandchildren will live in a world completely different from the one we grew up in. We all know that technology companies have replaced the old oil and resources companies as the most valuable in the world and names like Apple, Amazon, Google, Netflix and Facebook dominate the way we live today. But there are many companies currently still flying somewhat under the radar which will have a profound impact on our lives in the years to come. Read More

    After six months of 2020.

    By | The Market

    We have been waging a global war against something we cannot see. In the 1897 novel “War of the Worlds” by H.G. Wells, it is a similar invisible bacteria that eventually stops the Martians from destroying humankind. Read More

    Revised Budget and living in SA.

    By | Economy

    Wednesday last week Tito Mboweni delivered the revised 2020 Budget and it was not pretty. In the February 2020 Budget, government had forecast a GDP growth rate of 0,9% in 2020, now Treasury expects  GDP growth to be -7,2% in 2020. Read More

    Uncertainty 2020.

    By | The Market

    We have now seen markets recover to almost the levels before the Covid crash. This recovery has taken only two months and the people who bought the market end of March, have made a lot of money. Sasol is up almost 500% from its low in March; City Lodge is up 116%; Growthpoint is up 55%; Satrix Resi is up 78%; and Satrix40 is up 47%. Read More

    Understanding the rand.

    By | Economy

    Wow, the rand is something to behold. As South African investors we are fascinated by and intimately linked to the volatility of our currency. Just look at the graph below, borrowed from a recent Anchor Capital newsletter: Read More

    Is that a light I see at the end of the tunnel?

    By | Investments

    While the Covid-19 infection rate in South Africa is picking up speed and the government is still making controversial lockdown decisions, lots of businesses are taking matters into their own hands and ignoring some of the irrational rules which are destroying their livelihoods. Wearing a mask and keeping one’s distance are, however, two newly-formed habits that are taking hold. Read More

    Impact of Covid and R500 billion stimulus

    By | Economy

    It was with some sense of relief that we heard the unsustainable hard lockdown would be phased out on a risk-adjusted basis starting on the first of May. The economic impact of this pandemic has been severe and looking at the investment returns year-to-date we see the following: Read More