Make Money Mondays, Evergreen Content

Famed political-economic analyst JP Landman talks money, bares his soul

The political parallels between Mr Zuma and the late Mr PW Botha are absolutely perfect.

JP Landman

My mother sold her piano - and I had to borrow - for me to go to university.

JP Landman

I had a little business when I was in high school. I bought unsold newspapers and sold them to fish and chip shops and bottle stores at an enormous profit margin. I saved that money and used it to pay university fees.

JP Landman

The best money decision I’ve ever made was to buy Naspers at R4.50 per share.

JP Landman

My biggest extravagance is wine. I buy good wine; and a good wine costs a lot of money. I only buy South African wine.

JP Landman

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays” feature.

This week Whitfield interviewed famed analyst on political-economic trends JP Landman.

Landman recently published “The Long View”, an analysis of trends in South Africa.

Last year President Jacob Zuma appointed him as a member of the National Planning Commission (NPC).

Landman has a BA LLB from Stellenbosch University (1978), studied Economics at Harvard (1998 and again in 2005), and obtained an MPhil in Future Studies (cum laude) from Stellenbosch (2003).

In 2009 he completed a course at Oxford University Continuing Education on the economies of the BRIC countries (Brazil, Russia, India & China).

Listen to audio below for the candid interview (and/or scroll down for more quotes from it).

My mom was very conservative; didn’t spend money. But when she did; it was always on the best quality.

JP Landman

My father made money, then lost it, then made it again.

JP Landman

I drive a car for 10 years.

JP Landman

My parents stressed about money; my mother more so than my father.

JP Landman

Money did not influence my career choice.

JP Landman

My first investment I made soon after my wife and I started making money. We put it in unit trusts.

JP Landman

The worst money decision I’ve ever made was starting a stationary business. I didn’t know what I was doing.

JP Landman

The independence that money gives you is quite lovely.

JP Landman

What scares me about money is that you can lose it.

JP Landman

‘Enough’ is when you can meet all of your reasonable needs and those of your family.

JP Landman

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Article brought to us by Old Mutual.

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