I spoke with Gavin Lewin of the Rich Ideas group about how to evaluate our financial advisors. Returns are certainly important, but there’s more to it than just making money. In many ways, emotional support, helping us do the right thing, is almost as important as feedback (read the transcript).
Adobe’s results were strong, but the market hated its $20 billion deal to buy Figma. I spoke with Gary Booysen of Rand Swiss and while he acknowledges that it seems like he’s paying too much for Figma, he really likes Adobe’s SaaS business model and says that on an advanced PE of around 20 times, it’s been the cheapest in a while (read the transcript).
It’s been a tough year for the markets and I asked Deryck Janse van Rensburg of Anchor Capital how he was managing and whether he was buying. It certainly is, with great quality and great prices. But he warns that returns can be slow and that we need to be patient (read transcript).
David Bowie started the trend in 1997 to sell royalties from his music catalog. It didn’t go over well, but it’s now a recognized alternative investment option. I spoke with Keith McLachlan of Integral Asset Management about the merits of this new asset class and trends such as streaming, which are actually benefiting investors (read the transcript).
Also this week:
Perpetua Investment Managers’ Lonwabo Maqubela believes that WBHO as a stock, at R76, looks extremely attractive and if Australia is stripped it is trading at five times earnings and the order book looks extremely strong: (read transcript ).