27four Investment Managers
19th November 2019
10 Questions with Katlego Pule
In this series, we ask members from our team a mix of random questions, 10 to be exact, and see what’s on their mind – the projects they’re working on, things they like, and some surprising facts from the people that are living investments.
This month we catch up with Katlego Pule, an investment analyst at 27four Investment Managers.
What are you currently working on right now?
I am currently working on a research piece that focuses on JSE listed companies’ offshore impairments, testing whether listed South African companies are good allocators of capital offshore.
What is the most interesting thing you’ve read or seen this week?
I have recently read that nanotechnology experts are developing a bionic immune system composed of millions of nano-robots, which could be used to fight viruses and bacteria, and eliminate cancerous cells and even reverse ageing processes. It’s all in an attempt to create immortal human beings.
What are you listening to right now?
I am currently listening to Kings of Leon- “Use Somebody”.
What is the bucket list destination you’re most looking forward to?
Tomorrowland music festival in Belgium tops the list. Attending it back to back would be a dream come true.
If you had a time machine, where would you go right now?
To Mars. Being a multi-planetary citizen would be a cool experience.
How do you keep healthy during your busy schedule?
Having a good dietary plan and sticking to it.
What essentials can’t you leave home without?
A book, wallet and backpack.
As an active trader at 27four, what are your thoughts on the number of JSE listings and the lack of new listings?
It’s really worrying as some counters have been delisted or suspended, which really reduces an investor’s investment universe. At the moment, I don’t really foresee any new listings as we are at the bottom of the economic cycle, with private companies preferring debt rather than equity financing because debt is a cheaper source of funding.
What is the best advice you’ve received?
“The best math you can learn is how to calculate the future costs of your current decisions” – anonymous.
Finally, can you give us a quick savings tip?
From the wisdom of Warren Buffet “If you buy things you don’t need, soon you will have to sell things you need”.