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Mind of the Manager

Financial quotes for the week

Published: 29/04/2026

"True believers make the most money in manias, and skeptics lose the least when they crash. But the key to the investment success we aim for lies in always maintaining a healthy balance between belief and doubt."

Howard Marks, Oaktree Capital.

"The war in Iran is increasingly being viewed as ill-advised and ill-considered, with insufficient allowance made for the range of potential adverse outcomes. "

Saul Miller and Nicole Agar, Truffle Asset Management.

"Navigating a volatile and dynamically shifting investment environment requires adaptability. Importantly, being adaptable doesn’t mean shortening your investment horizon."

Ben Preston, Orbis Portfolio Management.

"Asset managers cannot predict with certainty short-term events, such as how long this conflict and the disruption to energy prices will last. History has shown, however, that when crises pass, markets tend to recover swiftly, leaving those with high cash holdings looking on."

Charles de Kock, Coronation Fund Managers.
Mind of the Manager
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