John Biccard, PM at Ninety One, was my special guest on the Investment Community podcast (part 1 of a 2-part conversation). You can listen to the conversation with John here.

In this episode, John tells:

  • That the extra returns you earn over time as a value manager are appropriate compensation for living a miserable life.
  • That his ideal investment idea is one that causes others to laugh with incredulity and question his sanity.
  • That it is sheer folly to assume that the market is right – it’s way better to do the work and reach an independent conclusion.