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Mind of the Manager 8 August 2025

Manager quotes for the week.

Published: 15/08/2025

"The big money is not in the buying and the selling, but in the waiting."
Charlie Munger, American investor

“The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently.”

John Bogle, Founder of the Vanguard Group

“Things are never as bad as we fear, but seldom as good as we hope.”

Bill Blain, UK Market Commentator

“Investing in South Africa right now is like trying to ride a bucking bronco while the U.S. throws 30% tariffs at you—hold on tight, pray for luck, and hope your portfolio doesn’t end up in the braai!”

Dawie Roodt, South African Economist
Mind of the Manager 18 July 2025
Mind of the Manager 15 August 2025
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