{"podcast":{"title":"The Investment Perspective, with Ninety One","slug":"the-investment-perspective-with-ninety-one-7065967","podcast_index_feed_id":7065967,"rss_url":"https://feeds.acast.com/public/shows/6704f63a835696b02f258dd3","website_url":"http://www.ninetyone.com","image_url":"https://assets.pippa.io/shows/6704f63a835696b02f258dd3/1729234066562-7bff2f09-4614-4f18-abdc-1ee1fdcfb86f.jpeg","author":"Ninety One","episode_count":97,"summary":"Discover the latest local and global investment and industry insights from the only global asset manager rooted in South Africa. At Ninety One, our global reach becomes your investment edge. Tune in, subscribe, and unlock expert perspectives with every new episode. Ninety One is an authorised financial services provider. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-31T02:17:33.154263+00:00","page_url":"https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967"},"episode":{"title":"#93 South African value is priced like a distress sale, and the bond market disagrees","slug":"93-south-african-value-is-priced-like-a-distress-sale-and-the-bond-market-disagrees","published_at":"2026-07-13T11:01:15+00:00","page_url":"https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967/93-south-african-value-is-priced-like-a-distress-sale-and-the-bond-market-disagrees","show_page_url":"https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967","url":"https://shows.acast.com/the-investment-perspective-with-ninety-one/episodes/93","audio_url":"https://sphinx.acast.com/p/open/s/6704f63a835696b02f258dd3/e/6a547ca608f5afd134e5fb43/media.mp3","summary":"John Biccard argues that South African equities have become disconnected from the country's own improving bond market. He points to retail names trading at deep discounts to intrinsic value, a first move into global technology after a brutal software sell-off, and a patient multi-year bet on a spirits recovery. In short: buy what's hated, hold through the discomfort, and let the turning point do the work. Hosted on Acast. See acast.com/privacy for more information.","meta_description":"John Biccard argues that South African equities have become disconnected from the country's own improving bond market. He points to retail names trading a…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1400,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-investment-perspective-with-ninety-one-7065967/episodes/93-south-african-value-is-priced-like-a-distress-sale-and-the-bond-market-disagrees/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-investment-perspective-with-ninety-one-7065967/93-south-african-value-is-priced-like-a-distress-sale-and-the-bond-market-disagrees.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}