MyMoney Online, The Personal Finance series with Warren Ingram

What you must learn from the Steinhoff and EOH share price collapses

Few investors (including retirement funds and other investment funds) did not take a hit when the share prices of Steinhoff and EOH collapsed recently.

The Money Show’s Bruce Whitfield interviewed Galileo Capital Personal Financial Advisor Warren Ingram.

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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