Shamil Ismail. Picture: SUPPLIED

Shamil Ismail. Picture: SUPPLIED

Related Articles

Reuben Beelders. Picture: SUPPLIED

Analyse This: Gryphon Asset Management's Reuben Beelders

My investment mistakes have generally been associated with failure to acknowledge the concept of 'reversion to the mean'

Analyse This: 36One Asset Management's Daniel Isaacs

There is nothing better than the compounding effect of a decent business with good management over time

Mentioned in this Article

FM Edition:

If someone came to you tomorrow with R100m to invest in just one company, which would it be?

Uniqlo, a subsidiary of Fast Retailing.

Which talent would you most like to have?

The ability to make small talk.

What was your first job?

In standard 9 (grade 11) I worked at a small Pep Store in Athlone, Cape Town. Perhaps that is where the interest in retail started.

What’s your biggest regret?

I entered the investment research space after working in industry (mainly retail) for 10 years. Looking back, I should have made the change earlier.

What was your worst investment mistake?

There are many contenders for this. The most recent was a venture capital investment in a startup food-ordering app.

What’s the best investment you’ve ever made?

Property — buying my first house when I was 25.

If you found a lottery ticket tomorrow that had won US$100m, what would you do?

Return it to the lost & found department.

Apple or Samsung (or Nokia)?

Apple.

What’s your favourite song?

"Viva la Vida", by Coldplay.

On what occasions do you lie?

When completing questionnaires like this.

Your greatest extravagance?

I am generally not extravagant, but I will occasionally spend money on good-quality suits.

Name a place you’ve been to that lived up to the hype.

Hong Kong.

If you could fix one thing in SA today, what would it be?

I’d work on mass employment — for example, creating a number of low-skilled jobs on infrastructure projects that can address service delivery issues and channel money to households, which will drive consumption.