I recently turned 68 and started to realise that I was running out of road!

In light of this, I have decided to retire. However I intend keeping this website up as it has a lot of useful information on it that many of you might like to make use of…

Thank you to all my clients who have been with me on this financial journey together. I wish you all the best.

Some recent notes:

20 March 2020: The oversold conditions that have taken hold of the markets due to  Covid-19 represent a perfect opportunity to get back into the market.  Investing in the Allan Gray Equity Fund now would provide a gain of 52% from its low of 26091.91 on 23 March 2020 to its recent high of 39647 on 17 February 2020 should the fund regain its recent high.  This is an opportunity not to be missed! My thinking is that the market correction was based mostly on fear due to the lack of production of goods in China along with the resultant lack of trade due to the Covid-19 lockdown in China and then the rest of the world. I have no doubt that humanity will survive this mutated flu as the death rates of less than 1.9% are almost exactly the same as the seasonal Corona flu and that the world economy will be back on track.  My rough guess for the recovery would be by December 2020.

8 June 2020: The Allan Gray Equity Fund has regained some 40.2 percent over the past 10 weeks. This was a truly wonderful recovery.

I decided to take profit for myself and clients and our monies are up 40.2% from 9 June 2019 to 8 June 2020. Add 6% in the Allan Gray Money Market for the balance of the year for a total return of 46.2%.

All the best

Mark Sandison