Listed companies should survive this lockdown, mom and pop shops are in trouble - Piet Viljoen

Piet Viljoen returned to the BizNews Power Hour as co-host today. The Counterpoint value fund manager told BizNews two weeks ago that ‘investing in South African residential property doesn’t make sense’. Viljoen elaborated on that perspective today, stating that ‘equity is a much better asset class to own for building wealth over the long term than property.’ When asked about stocks which have caught his eye lately, Viljoen made an insightful analogy between a portfolio and twigs; ‘Each individual stock is a twig, quite a brittle, easy to break twig - but if you bundle them together and tie them together, it creates quite a strong element.’ Another topic of discussion was lockdown, particularly with reference to the restaurant industry. Learn more about your ad choices. Visit megaphone.fm/adchoices