One thing looking up for South African investors

rvZA

Honorary Master
Joined
Jan 3, 2021
Messages
16,594
I think Momentum Investments are living on another planet. For any company to operate and make money, it needs electricity and a strong government and strong economy. South Africa has none of this. Good luck if Momentum works with your money.... you will likely see very little of it over due course.

South Africa is uninvestible. South African businesses are uninvestible. They do make some great gambles though, if you are willing to lose money. Just like visiting the casino and betting on Red or Black on the Roulette table.
 

rvZA

Honorary Master
Joined
Jan 3, 2021
Messages
16,594
Invest in inverter manufacturers :thumbsup:

South Africans are shedding jobs like crazy. Companies are crashing. People are getting poorer. People cannot afford inverters. Not investible technology in SA.
 

LCBXX

Honorary Master
Joined
Apr 11, 2006
Messages
19,421
Invest in inverter manufacturers :thumbsup:
Buffet said that it's a great idea to invest in renewables. People, however, confuse this meaning by believing he said that renewables is a great idea.
 
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