Beating Buffett: CEO David Hurwitz shares the four key ingredients of top stock Transaction Capital's secret sauce

Loading player...
Since David Hurwitz took over as CEO in 2014, Transaction Capital's share price has delivered compound annual growth of 24.2% for shareholders. Even more if you include the healthy dividend stream. This in-depth podcast with BizNews editor Alec Hogg seeks the secret sauce driving one of SA's top performing companies. Conclusion: a Warren Buffett-type structure with power devolved to empowered entrepreneurs in operating units; disciplined capital allocation from a small team of executives at the centre; a massive investment in and understanding of Big Data; and, critically, focus on "stigmatised" sectors of SA's economy - debt collections, minibus taxis and second hand cars. An masterclass in how to structure and run a successful enterprise in the information economy. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Feb 2022 11PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min