Allan Gray was an investment disruptor - and changed many young lives

Former colleagues and professional investors lionised Gray as a disruptor, someone who upended the SA investment industry and forged a new way of growing money in the country.

"What he brought to South Africa, was a focus at looking at companies, rather than the environment that they worked in …His focus would be on the assets that he was buying." She also remembers Gray as a teacher."He was generous with his learnings and produced taped recordings of lessons on value investing which the staff applied to their personal portfolios." "When I first met him, he had already been talking about giving all his money away and long before he earned it. It has always been an agenda of his to do this," McGregor said. In recent years, he transferred his holding in Allan Gray to the Allan & Gill Gray Foundation.

Source: News Formal (newsformal.com)

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