Walter Aylett at BNIC#2: Why South Africa is “scary...
At the second BizNews Investment Conference in Hermanus, Walter Aylett, founding fund manager of Aylett & Co, outlined his investment philosophy shaped by Buffett and Munger’s discipline. He shared lessons from backing WeBuyCars early, stressing patience, honesty, and owner-driven businesses. Aylett warned against over-trading, likening true investing to the tortoise beating the rabbit. He sees South Africa as “scary cheap” with opportunities in Spar, hospital groups, and bonds, while stressing
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