Despite our consumer confidence index reaching new lows in recent days reflecting the pessimism that South Africans are feeling about the current state of affairs, several of our local stocks are trading at levels that render them very attractive right now, at least for the short to medium term, relative to most similar stocks in developed countries. Do you trust the government to allow for the suggested value to be realised in due course, or do you prefer to invest overseas in largely less attractively priced stocks for the long term?
