During the 2023 holiday season, I had a lightbulb moment while playing board games with my family. For the first time in a long while, I felt truly happy, not worrying about the past or the future, just enjoying the now. This was a big deal for me, someone who’s usually wrapped up in anxiety […]
One of my favourite Benjamin Graham investment quotes is, “The purpose of the margin of safety is to render the forecast unnecessary.” There so much insight and wisdom distilled into that eloquent line. The major point about the margin of safety is that it removes the speculator’s need to predict the future, thus turning that speculator
I’ve been fortunate in life. When we were married in 2013, Trudy and I started with modest means. We lived in 1 bedroom loft apartment. Before long, we had our first child and moved into a 3-bedroom house. We weren’t rich but we were certainly middle class. In fact, by the time we had our
Previously Disadvantaged Mind Read More »
There are 2 activities in my life that bring me as much joy as they do frustration…watching Arsenal and Investing. To succeed in either activity requires patience, diligence, commitment, analysis, practice, and consistency in execution. Both demand an absolute dedication to your craft to have the privilege of trying to achieve success, but neither offers
The concept of “the game of life” is frequently mentioned in our society, suggesting that success hinges on wealth, beauty, prestigious connections, and raising high-achieving children. This perspective turns life into a competitive race, emphasizing status and accomplishments over the essence of living. However, this comparison-driven outlook is fundamentally flawed. Life, in its richness and
Your Win Is Not My Failure Read More »
My daughters changed schools this year and what a process that was. Assessing multiple schools over several hours, being shown around a potential destination for the next few years of her education. As we were being told about how “unique” each school is, and how each one is perfectly geared for preparing my children for
A question I get asked repeatedly by clients is, “What does time is money, mean”? Think of money as a way to save the hard work you’ve done so you can use it later. In other words, money is like saving time. You work, you save time (in the form of money), and then you use
In the realm of investment management, one of the most challenging tasks is convincing clients that jumping onto the bandwagon of the latest, most sophisticated thematic funds might not be the silver bullet they’re seeking for their portfolio. It’s a tricky situation when a portfolio is underperforming. Most times, doing nothing is probably the best
With the costs of university education in South Africa on a sharp incline, reaching an anticipated R95,700 annually by 2030, and soaring to R177,200 by 2038, planning for your child’s tertiary education has never been more critical. However, navigating this financial landscape doesn’t have to be daunting. By steering clear of common mistakes and adopting
Saving money: for many, it’s a goal that seems just out of reach, something constantly overshadowed by immediate needs and wants. Yet, building a savings buffer is undeniably vital for weathering financial storms, avoiding debt, and ensuring stability. But what if there was a method to make saving not just practical, but also enjoyable? This
Save For A Rainy Day Read More »
