Beyond the narratives: Investing through uncertainty
Periods of heightened uncertainty often feel exceptional while we are living through them. But history suggests that markets have consistently rewarded investors who can look beyond prevailing narratives, remain disciplined through volatility and focus on long-term fundamentals. Thandi Skade summarises key investment insights recently presented by portfolio manager Varshan Maharaj at our May 2026 events, “The Times with Allan Gray”.
All insights
Lessons from the markets and the sea: Don’t get caught in the undertow
Sea voyages teach us that calm waters are the exception, not the rule. The forecast may appear reassuring, but conditions change quickly. The mistake is...
Mind the gap
Periods of change are uncomfortable, but they are rarely unprecedented. Markets, economies, and geopolitical landscapes often swing between extremes. As...
Maximising new tax benefits to boost long-term investment outcomes
The 2026 National Budget, delivered on 25 February, offered good news for investors, with no major tax increases and stronger-than-expected revenue collectio...
The impact of tax on investment returns
There are many factors to consider when making investment decisions. Tax is a significant one. It is important to understand how taxes are applied to differe...
2026 Budget: A good news story
Finance Minister Enoch Godongwana delivered the 2026 Budget speech on Wednesday, 25 February, remaining steadfast in his earlier assurances that the governme...
Bracket creep: The silent tax
Each year we listen with bated breath to the Minister of Finance’s annual Budget speech to learn whether tax rates will increase and breathe a sigh of relief...
How to outsmart behavioural biases when investing – with Dr Daniel Crosby
For many investors, 2025 intensified the behavioural pressures that shape investment decisions. Markets reached record highs, even as global growth slowed an...