Jack Mitchell studied a business degree at UCT. He started as an investment analyst at Colonial Mutual before moving to Ferguson Brothers and then on to Old Mutual as a General Manager. In 1988 he moved to become a Director of Allan Gray Ltd. He was the Chairman of Allan Gray Unit Trust and the Allan Gray Property Trust before retiring in 2007. Jack lives in Constantia, Cape Town with his long suffering wife. He occupies himself by cleaning his swimming pool with only one hand in defiance of the South-Easterly gales.Following the enduring boom times experienced in the closing decade of the 20th century, current business expectations in the western world appear to be confronted with considerable obstacles, not least [...]
Read MoreThere is an old stock market adage which I have found to be worthwhile remembering, which says: “THE STOCK MARKET WILL ALWAYS DO WHATEVER IT HAS TO….. BUT NEVER WHEN”!
My [...]
Legend has it that the practise of insurance commenced amongst ship owners, centuries ago. Because none of these businessmen wished to sustain the extensive capital loss of a ship floundering, [...]
Read MoreIt is said that: “the power of compound interest is the 11th wonder of the world”.
While I agree with that observation, it is even more pertinent when it is working
against [...]