Corospondent - July 2020
The Institutional Quarterly

A quarterly communication on the markets, economy and topical industry-related issues.

100 days and counting …

- an excerpt from the Coronation 2019 Stewardship Report

We can’t afford not doing better

“The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price.” – Benjamin Graham, The Intelligent Investor

A chance to add good quality domestic businesses to your portfolio

“When the world is running down, you make the best of what’s still around.” – Musician and actor, Gordon Sumner (aka Sting)

Investment opportunities in the eyecare industry

“If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.” – Economist John Maynard Keynes

South African investor heaven or hell?

Past quarterly publications