Buy RSA-THE SOUTH AFRICAN INVESTOR

THE SOUTH AFRICAN INVESTOR

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The above is a re-production of W.Buffet's letter published in the New York Times in October 2008 when the market was reeling from the sup-prime mortgages fallout.
11 years later and Coronavirus concerns have sent investors into panic and global markets have been sent crashing.

South Africa has just received a junk rating from Moody's and the JSE ALSI will take a bigger hit in the coming days, 
This article is a reminder to keeping a level head in times of turmoil and the need to treat the market's sentiment with "detachment".

It can be read on the following link:
https://www.nytimes.com/2008/10/17/opinion/17buffett.html