ANALYSE THIS: Austen Morris Associates’ Ian Edwards
We analyse Ian Edwards, Africa regional manager and partner at Austen Morris Associates
If someone came to you tomorrow with R100m to invest in just one company, which would it be? LVMH, because luxury never goes out of fashion. It is a well-managed business with famous, exclusive and desirable brands such as Dom Perignon and Louis Vuitton, which seem to consistently rise in value. Do you own bitcoin or any other cryptocurrencies? Why? No, never have or will. I believe it’s a worrying sign when people who know very little about investing are all of a sudden telling you what to buy and how they have made these extravagant returns. You are now relying on manufactured hype for a return. What was your first job? I worked through university, where my first salaried job was managing a popular steak restaurant. As a young man, this was a move from the frying pan into the fire (excuse the pun) and I learnt early on about people dynamics and managing pressure. Which talent would you most like to have? Having the endurance to compete in Ironman events or climb the seven summits....
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