Navigating investment challenges: The interplay between skill and luck
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        Navigating investment challenges: The interplay between skill and luck

  Allan Gray Unit Trust Management   Q3 of 2024 | 8 months ago

Games can be categorised along a continuum based on their reliance on luck or skill. Roulette, for instance, is purely a game of chance. Despite occasional wins, the player will lose in the long run due to the wheel’s inherent design and the odds a player must accept. Conversely, chess is a game of skill, where a novice stands little chance against a grandmaster. While investing leans more towards the skill end of the spectrum, macroeconomic factors, geopolitical events and other unforeseen incidents introduce an element of chance into the equation, particularly over the short term.


SA - MA - I
SA - E - G
SA - E - LC
G - MA - F
SA - IB - VT
G - E - G
SA - MA - F
R - MA - F
SA - RE - G
SA - MA - HE
Did You Know ?

In 2021, Prudential Investment Managers name ceased to exit after renaming to its major shareholder M & G Inc , renamed to M & G Investments.

Asset manager PSG AM is a division of PSG Group which was founded in 1995 by Jannie Mounton and Chris Otto.

In 1965, the first unit trust in SA , Sage Domestic Equity Fund ,was launched.

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Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation.