WORLDVIEW: Long-term investment guidance from world’s greatest young entrepreneur.

The best time to have bought Facebook shares was late 2012 when they traded under $20 after a May IPO debut at $38. Four years later you'll have to pay more than $150.

When we launched the Biznews Global Share portfolio in December 2014, I was keen to include Facebook. But procrastinated because the stock seemed expensive having risen to $80 in two years and forgetting that he who hesitates is lost. Well almost, the mistake rectified when a buying opportunity came in October last year when the stock dipped.

As you will see in the latest webcast on our Global Portfolio, we averaged in at $125 a share after our purchases were staggered over three months to December. A smart approach when using the volatile Rand to invest abroad is buying in three equal tranches a month apart. That won't eliminate price and currency risk, but definitely reduces it.

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