ALLAN GRAY: Long-term lessons for navigating volatility.

Loading player...
GUEST – Horacia Naidoo-McCarthy, a manager in the Institutional Clients team at Allan Gray
As US President Donald Trump announced steep tariffs earlier this month, global share markets sold off massively. Investors were clearly rattled by the potential impact that these tariffs could have on global trade and shifted their portfolios accordingly. As with COVID-19, understandably, many investors reacted emotively and locked in permanent losses as a result.
Extreme situations make us feel like we have to do something different to respond to the current moment; but perhaps the best course of action is to stick to the basics and follow the logic that has proven to pay off over long time periods. Horacia Naidoo-McCarthy, a manager in the Institutional Clients team at Allan Gray, joins Kaya Biz to share some long-term lessons on navigating extreme volatility – based on what we have seen in the past.
15 Apr 2025 2PM English South Africa Business News · Investing

Other recent episodes

Pivot Point — Dr Nishal Khusial on AI in SA

Dr Nishal Khusial explores the rise of AI in South Africa and the launch of the School of AI Africa. We explore what this technological shift means for jobs, digital security, and business transformation.
17 Apr 5AM 19 min

SA–US Relations: Reset, Risk or Realignment?

Professor Patrick Bond unpacks the latest diplomatic shifts between South Africa and the United States — from new ambassadorial appointments to tariff investigations and geopolitical tensions.
17 Apr 5AM 20 min

Financial Rules Before You Say “I Do”

BDO Wealth Financial planner Shaun Chennells explains why financial alignment is crucial before marriage. From antenuptial contracts to shared goals, debt transparency and long‑term planning
17 Apr 5AM 15 min

New Car Sales Surge Despite Fuel Price Pain

South Africans are buying cars at the fastest pace in a decade — even as fuel prices soar. BrandMapp’s Brandon de Kock explains the behavioural trends behind the surge and why Millennials are driving demand
15 Apr 5PM 12 min