Newsletter – August 2023 – Issue 135

Local markets have lost about 4% and the offshore markets are down 2-3%. The Rand fell through the floor again.
The new investment theme (and I think for the future) is AI, Artificial Intelligence. This is companies who specialize in making robots predominately. I have shares in a pre-listed health care company in London. I had a teams meeting two weeks ago with the members of the board and they said that in 10 years’ time 50% of medical procedures will be performed by robots. I don’t know whether to be excited or scared.
So, we have investigated this AI arena, and have come up with two shares, Symbotic and Nvidia, which we have put on our watch list. Nvidia has returned 62% pa. average for the last 10 years and Symbotic (new company) 211% in the last 12 months.
So, if you feel the urge for a bit of risk, these are the shares to buy.