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Insights categories - Investment insights

SA mining and the sunk cost fallacy

By Ian Liddle on 30 Sep 2015

Reading time: 10 mins

Ian Liddle discusses why the challenges in South African mining provide an interesting case study of the 'sunk cost fallacy', a behavioural bias that sees us...

Insights category - companies

Gold and platinum mines: 'Eating sardines' or 'trading sardines'?

By Ian Liddle on 31 Dec 2013

Reading time: 12 mins

"There is the old story about the market craze in sardine trading when the sardines disappeared from their traditional waters in Monterey, California. The...

Insights category - companies

The investment case for Royal Bafokeng Platinum

By Rory Kutisker-Jacobson on 31 Dec 2010

Reading time: 7 mins

On a relative basis, we believe Royal Bafokeng Platinum represents the most attractive value in the platinum sector. Upon listing, the Royal Bafokeng Nation...

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