Ian Cruickshanks from the South African Institute of Race Relations chose cash as his stock pick of the day. He said that in “this insane world of investors”, the best option was cash. “However, if one sees opportunities where there are underrated, recently sold off assets, it might be an option, but it is not a broad trading position. The activity on the market is likely to stay this way for the foreseeable future.”

OR LISTEN TO THE AUDIO:..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.