TAKE IT SLOW
As I write t his column, Eskom has announced stage two load shedding due to issues at the Majuba power station. Until this issue is resolved, it puts us back in the 2008 load-shedding crisis and reiterates a lesson I constantly make. Things happen slowly – sure, we’re all used to instant messaging, new on the go etc., but the reality is that things happen slowly. Look how long construction has been in the doldrums and how long the once high-f lying retail stocks have been under pressure. As investors we must always remember that there is seldom a need to rush in and if we are in a hurry, we’re probably making a mistake.