Always learning from his experiences, excited about investing in the future, and open to new opportunities and conversations... that’s our very own Head of Investments, Devin Shutte. A long-term value investor, he invests with a view to the future profit growth of companies.
1. If someone came to you tomorrow with R100m to invest in just one company, which would it be?
Discovery. This is an SA company that is successfully expanding globally by licensing its unique Vitality model, which is its core customer engagement framework. On top of this, it offers its established suite of services, coupled with an imminent foray into banking, which should provide significant long-term tailwinds for the company. That said, the current valuation is looking stretched and I would wait for better value before buying.
2. If you found a lottery ticket that had won US$100m, what would you do with it?
Settle the debt on my properties, travel the world for a year and start a nonprofit foundation with the rest.
3. Do you own bitcoin?
Yes. I find cryptocurrencies an uncomfortable asset class, but I wanted to own some to be able to speak from experience.
As part of TRG, Devin is an independent financial adviser who believes in doing the best he can to manage and grow his clients’ wealth through investment. Want to learn more about the team at TRG? We offer a wide range of wealth management services and specialities all designed to help you better manage your wealth and financial future.