Local v Offshore: Piet, Magnus agree on portfolio structure, warn on marketing scams

Loading player...
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.
10 Oct 2023 8AM English South Africa Investing · Business News

Other recent episodes

Zuma in crisis: Disgruntled MKP members to vote ARU - Jabulani Khumalo

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, comes out in support of The African Renaissance Unity Party (ARU) founded to lobby for the interests of traditional chiefs and their communities. With Khumalo's battle to reclaim control of the party - “hijacked” by former…
27 Jul 10AM 17 min

Eva Crouwel - When the State comes to your Gate….

An anti-immigration raid on a private housing estate in the Western Cape is causing a furore. In this interview with Chris Steyn, Eva Crouwel, a property owner on High Riding Estate, describes how police in a fleet of about six vans - accompanied by Home Affairs officials - descended on…
27 Jul 7AM 10 min

BN Daybreak: SA-Israel tension; Nvidia-OpenAI deal; US tariffs; Fed rate outlook; Energy Risks

In today's BizNews Daybreak, we explore global market pressures, starting with new US Section 301 tariffs affecting South Africa and 60 other economies. Former Israeli adviser Mark Regev discusses strained Pretoria-Israel relations and ICJ genocide charges. Furthermore, we preview upcoming central bank rate decisions, Nvidia’s potential $250B OpenAI data center…
26 Jul 11PM 14 min