Get in the Bytes business

[Hanno Labuschagne]

Get in the Bytes business

You know the narrative: the JSE is a lost cause for investors, and all great riches are made on overseas markets. Experienced investors know that this simply isn’t true, at least not all the time.

The JSE All Share is flat year to date, saved by our mining and resources sector, which has gained over 11.5%. Over the same period, the Nasdaq-100 has shed over 15% of its value.

Of course, if you change the period, then the answer can change as well. Go back far enough, and you’ll see that there’s no cut-and-dry answer here, hence why diversification is recommended in the textbooks.

 

[Sapphiron]

I think the primary issue is the increasing disconnect between fundamental value and the stock value of companies.

Way too much manipulation is happening, which makes the stock market difficult to invest in. Its becoming more and more like futures speculation, which is just gambling with more steps.

 

[GrootVoet]

I think the primary issue is the increasing disconnect between fundamental value and the stock value of companies.

Way too much manipulation is happening, which makes the stock market difficult to invest in. Its becoming more and more like futures speculation, which is just gambling with more steps.

Totally agree. JSE is driven by current resources boom but apart from mining which sector is really in a good position? Manufacturing has been almost destroyed and retail and finance needs a strong economy to thrive.

Overseas if you look at the best performer it must be Nasdaq but I'm worried that the previous levels seem was due to US government pumping cheap money into the economy which was used by many to buy shares and drive up the prices.