SA's top money manager says it's time to buy resources shares, JSE-listed stocks are "very cheap"

JSE-listed mining shares have taken an awful hiding since March, with a number having lost as much as half their value. But that's a buy signal for South Africa's top performing money manager, Piet Viljoen, who manages the Counterpoint Value Fund. In this podcast with Alec Hogg of Biznews, Viljoen unpacks the appeal of a number of South African stocks, from the obvious (coal) to the exciting rebounds (Absa, FirstRand, Sanlam). Viljoen is a favourite among the BizNews community and at next month's event becomes the only speaker to deliver a keynote address at all of the BizNews Conferences at the Champagne Sports Resort in the Drakensberg.

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[@kevinbrian9332]

@@mavelldenis307 Often times we just look for what to invest in and usually encounter this problem it's either the money is too huge for he/she have to invest or it could required more than expected. Cheers!!

[@Vivian-vp9ft]

@@kevinbrian9332 People are scared of investing because of the high rate of scammers.

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[@softangler3040]

Thungela and Exxaro are Bulish at the moment. I bought Anglo at 1600 and today is 1210. Not planning to sell any of my stock

[@thomaswilliamreid]

Piet, please just give Alec a chance to finish his sentences. 🤣

[@peterjacobsen2684]

Lol..

[@skhulilemdaka1173]

🤣

[@capetowncentral]

Literally, this guy is incapable of listening. He keeps interrupting.
He should rather do solo podcasts cause he obviously loves the sound of his own voice

[@mathewman]

so i'm looking counterpoint value fund:
1 year 3 yr p.a 5yr p.a 10yr p.a
-5.3% 4.1% 2.6% 3.4%
this is pathetic .
biggest holdings:::
Altria Group Inc 2.6
Aflac Incorporated 2.3
Fairfax Financial Holdings 2.2
Berkshire Hathaway 2.0
Wheaton Precious Metals 1.9
Peabody Energy Corporation 1.9
Afrimat Ltd 1.7
Markel Corporation 1.6
Lockheed Martin Corporation 1.6
British American Tobacco Plc 1.6
wouldn't touch any of these!!!

[@yellowdiamondrocks]

😂😂😂😂

[@lullaby8830]

Great passive income

[@joygordon-fialkov7600]

Interesting

[@mkuluclive3783]

Copper the next biggie

[@fxraj7674]

SA banks perhaps?

[@mathewman]

on a separate blog - biznews suggests resource stocks!!! - cover your bases!!!!