MARC HASENFUSS: Scary tale of my wife and 2,000 Naspers shares
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Some things are best left unsaid. I can’t explain how much I regret telling my wife that I was, albeit briefly, a Naspers shareholder back in 2002 (when I joined subsidiary company Media24). The topic of my investing endeavours came up during one of our regular interrogations ... sorry, I mean chats, around the eternal question of "why aren’t we rich yet?" My wife persisted on the Naspers topic, until I confessed that I had bought 2,000 Naspers shares at around R18.50. I sold them at R48 after a round of golf with an asset manager who said I should hang on to Naspers because the share was going to hit R100. I suppose the lesson is: never assume that a m...
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