Being fearful among greedy - plus stock that’s a proxy for those excellent old SAB managers
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Top-ranked money manager Sean Peche is revelling in the current volatile stock markets with the turbulence “throwing up innocent bystanders” - stocks that can be nabbed at bargain prices. Among his favourites is a North American beer business run by a group of financially conservative South Africans who learned their trade at much admired SA Breweries. Peche also explains that investors should be paying close attention to Warren Buffett’s sale of half of Berkshire Hathaway’s Apple shares, previously its biggest single investment. He spoke to BizNews editor Alec Hogg.
