What's Next - With Magda Wierzycka

[Bradley Prior]

What's Next - With Magda Wierzycka

Sygnia CEO Magda Wierzycka is one of South Africa’s most respected business leaders and is best known for building a world-class investment management company.

 

[Sideshow Bob]

.. interesting talk, some points based on youtube transcript

• 70% staff WFH, not many issues as she had thought and they will continue with the same after/if this is over.
• Good for client engagements
• Business as usual (even if unusual)
• Oxford sciences innovation, Sygnia invested 600 million pounds - commercialize IP
• Covid Testing ongoing in brazil, SA etc - control group trials going on currently.
• Manufacturing - Only UK will have manufacturing in case of vaccine.
• secret ? passive management, focusing on sectors, themes eg. technology, virtual reality, robotic, self driving cars, analyzing global macroeconomies
• There is disconnect between fundamentals & market. Major engine of growth not there because of unemployment. But, online content such as netflix, gaming and courier services, delivery services are thriving.
• Big losers - - tourism, SME's, large commercial property companies, demand for office space will go down as we are going to work in pyjamas and collaborate online.
• Any optimism about SA? - This is difficult to say as this is worldwide crisis but we will have to reinvent

 

[backstreetboy]

Uhu...

I have a serious distrust of "investors" because a few of them was encouraging me to invest locally, because they know things that I don't...

Yeah right, luckily I followed my gut and my eyes. You have to be stupid, blind and gullable to not see the state of South Africa's economy, even 5 years ago. The writing was on the wall, sweet talking the issues won't make them go away.

I have said it before, and I will say it again. **** is gonna get way WAY worse in South Africa before it gets better.

What does that have to do with the article?

 

[Sideshow Bob]

So, now that I have invested in Sygnia, I am curious to see their performance.

** Evil Laugh **

 

[marine1]

She is so beautiful

 

[Gordon_R]

Summary article posted in BusinessTech:

Magda Wierzycka on the bright spots for South Africa

Despite South Africa’s bleak economic outlook, there are some bright spots in the economy, says Sygnia CEO Magda Wierzycka – however, businesses will need to be flexible and adaptable, and the government needs to come to the party.

businesstech.co.za

 

[Spliffcat]

Government needs to come to the party???
All that these assholes can do is steal.

 

[Petec]

There is a reason they are setting up a clone operation in the UK... Magda and Co are not idiots, and are hedging their bets. Literally.