Pieter Nortjie (Advisory Partner Citadel / The Wealth Corporation) and Derek Western, from George, enjoy a cup of coffee before the presentation.
GEORGE BUSINESS NEWS - Investing can best be compared to equestrian disciplines, guests heard at Citadel Wealth Management's client presentation last week hosted at Tramonto in Blanco, George.
This analogy was used since investing requires dedication, determination, discipline, trust patience, perspective, an understanding of the challenges of the environment and the rules of engagement. The morning session was attended by 150 guests from all over the Southern Cape, with an evening session presented to around 50 local business owners along the region.
George Herman, head of South African Portfolios at Citadel, said the South African economy seems to be in the eye of the storm, but he emphasised that it is how you manage the downside that truly matters as far as investments are concerned.
Herman commented that the negativity among South Africans are at an all time high, which is evident from his travels around the country to address clients.
He stood firm that there is good news alongside the bad, referring among other issues, to the upside that certain national policies regarding economic empowerment are indeed working.
Have a goal and bounce back
In keeping with the event theme, 'Thoroughbred Investing', the inspirational Ernst van Dyk, Paralympic wheelchair racer and hand cyclist, shared his story.
"I am not a motivational speaker who has a book and a DVD to sell after my speech, but I have my story and I hope what I say today will help carry you through someday when it's really needed," said the 10-time Boston Marathon champion in his introduction.
Van Dyk is also part of Citadel's Inspiration Indaba, hosted in Johannesburg later this month.
Born without legs due to congenital birth defects, Van Dyk's parents were advised to have him institutionalised, but defying all the odds, he rose to receive the Laureus World Sports Award for Sportsperson with a Disability (2006).
Van Dyk presented his inspiring story in terms of elements like change, setbacks, success and balance.
"We are always confronted by change and the only sensible question to ask is: 'how did I adapt to it'? You can decide to fight change or to embrace it. I chose the latter."
As for setbacks, Van Dyk referred to it as life's gym, where adversity is presented as a form of training. In sharing personal experiences from the bombing at the Boston Marathon in 2013, he described the event as life changing.
"It is one thing working with amputees, but to see people being blown up in real life is an entirely different thing."
As for success, Van Dyk said that to him, it is measured in much more than sponsorship and endorsements, but defined by the effect you have on the world around you.
"I live life according to a simple set of rules. I firmly believe in having a goal and purpose and to bounce back, regardless of setbacks. Spreading your energy is so important in achieving balance in life.
Don't postpone doing things. There is an African saying that darkness comes too soon for the hunter," concluded Van Dyk.
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