Few investors (including retirement funds and other investment funds) did not take a hit when the share prices of Steinhoff and EOH collapsed recently.
Ingram discussed a number of lessons investors can learn from these debacles.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
People are looking for any reason to get out of anything risky.— Warren Ingram, Galileo Capital
You cannot buy the [Steinhoff] share… It might come down like a house of cards…— Warren Ingram, Galileo Capital
It’s very similar to African Bank.— Warren Ingram, Galileo Capital
You need to be opportunistic sometimes… but do your homework. Make sure the business is going to be around 24 months from now…— Warren Ingram, Galileo Capital
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