EDITOR’ S VIEWPOINT
Charlie Munger’ s rules for real wealth
Charlie Munger, Warren Buffett’ s legendary partner, built his fortune on principles that still define smart investing today: buy wonderful businesses at fair prices, keep a concentrated portfolio, think long-term, stay patient and decisive, and only invest in what you truly understand.
Those timeless rules could just as easily apply to South African property investing in 2025.
This month’ s Real Estate Investor Magazine reflects that spirit of disciplined wisdom. Our cover story features Greg Dart and Professor Adrian Saville of the High Street Auction Company, exploring why our brains misfire when the bidding starts and how behavioural insight can sharpen your investment edge.
It’ s part of a five-part series that dives deep into the psychology and power of auctions, where logic meets emotion in real time.
Elsewhere, Econ Bron challenges the myth of demand-driven growth in Capital Over Consumption, reminding us that real prosperity begins with saving, not spending. Jason Lee’ s Sectional Title Due Diligence is a mustread for investors tempted by“ bargain” buys that can turn into costly nightmares.
And Belinda Clur’ s Retail Collective with a Conscience unpacks how landlords are investing millions back into communities, proof that values and value creation can coexist.
Each article captures a Munger-like mindset: understand what you’ re buying, think long-term, and avoid stupidity before chasing brilliance. That’ s what makes REImag more than a magazine, it’ s a classroom for investors who want clarity over hype.
So, dive into this issue, join our webinars, attend our live events, and watch our video interviews with South Africa’ s brightest property minds. It’ s all designed to help you think rationally, act patiently, and compound intelligently.
8 REI MAGAZINE NOVEMBER 2025
Founder & Editor-In-Chief