Tag Archive: Long term


Listening to Investec talking in Durban last month, it was very interesting, and refreshing, to see them present and talk about their fund’s returns only over 10 and 20 year time frames. They did not even mention 1 month or 6 months or 1 year or 3 year time frames. They did this last year too, at their 4th quarter presentation. It stood out to me. Why? Because this is how we should more often be looking at the value of our investments. We invest for life. Investec were being bold enough to do what I have not seen another asset manager do at a presentation. Investment companies often see us advisers as their clients, because we bring, or don’t bring, our own client monies to them. And we can move it away. I liked the fact that they made us think long term.