Jonathan Fisher from PSG Wealth chose Berkshire Hathaway as his stock pick of the day, while Alex Duys from Umthombo Wealth chose Mondi. Fisher calls Berkshire Hathaway a great business “as you are basically buying US Inc”. The company is involved in insurance, railways, energy, manufacturing, and more. It is a $500bn company whose share price just passed the $200 mark. Duys says that Mondi is a combination of long- and short-term investments. It is “a good quality business with an excellent management and a very good capital of allocation record”. The company also has a strong balance sheet, good cash conversion and good earnings quality. OR LISTEN TO THE FULL SHOW: Listen to all latest podcasts here.
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