We analyse Ian Scott, head of fixed income and fund manager at PSG Asset Management. If someone came to you tomorrow with R100m to invest in just one company, which would it be? I would stay close to home: PSG. The compounding over the long term is outstanding, as is the diverse nature of the underlying investments. What was your first job? I started my career in the treasury division of Sasol Oil. I was tasked with trading and managing the forex book. If you could turn back time, what would you change in your life? I would become a value-based investor earlier in my life, knowing that fads, trends and hot stocks are not the best way to invest over the long term. What’s the best investment you’ve ever made? While not an investment, a valuable principle I learnt early in life is that excessive debt is deadly. Compounding interest is a strong force that works in favour of the lender, not the borrower. What’s your favourite song? "Hello", by Adele. What is your greatest extravagance? S...
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