Michel Pireu Columnist

As Howard Marks explained in an interview with Tim Ferris: “It’s common for people to say, ‘I’m not going to jump in while this thing is collapsing down. I’m going to wait until the dust has settled and the future is clear. I’m not going to try to catch a falling knife.’

“But it is when the knives are falling that the people are most terrified that the best bargains are available. So if you wait until the dust settles, the bargains are gone.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.