MFG 2.54% $9.98 magellan financial group limited

MFG in the BUY zone, page-1097

  1. 10,434 Posts.
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    i know mr hamish is a smarter and richer guy than me, but for the love of me, i cant understand when he says he has gone DEFENSIVE in the portfolio, but when i look up MFG holdings, the top 8 are basically all FAANG stocks, lol, how is 20% of ones portfolio in FAANG and tech stocks going defensive? wouldnt going defensive mean buying GOLD stocks, REITS and maybe utility and retail (grocers) stocks, healthcare stocks?

 
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Last
$9.98
Change
-0.260(2.54%)
Mkt cap ! $1.784B
Open High Low Value Volume
$10.08 $10.15 $9.87 $5.098M 509.9K

Buyers (Bids)

No. Vol. Price($)
1 1000 $9.96
 

Sellers (Offers)

Price($) Vol. No.
$9.99 1753 1
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Last trade - 16.10pm 08/10/2024 (20 minute delay) ?
MFG (ASX) Chart
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