We analyse Simon Brown: trader, investor and founder of Just One Lap. If someone came to you tomorrow with R100m to invest in just one company, which would it be? It would be an exchange traded fund (ETF) and probably VOO, the lowest-cost ETF in the world tracking the S&P 500. It would give me instant global diversification. Which talent would you most like to have? The ability to speak and understand every language. What was your first job? At five years old, for 0.5c per month per house, I opened the farm gate whenever somebody hooted. Our house was right next to the gate and there were two other houses on the farm, so I was rocking 1.5c/month. I subcontracted the business to my sister the next year when I had to start school. Your worst investment mistake? Brainware. I invested R20,000 in its initial public offering in about 1996. Eventually, after changing its name to Selco and consolidating, it delisted. I got just over R50 in about 2013. What’s the best investment you’ve ever ...
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