MFG 4.74% $9.50 magellan financial group limited

Ann: On-Market Share Buy-Back, page-79

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    and hence why most cant outperformed the index, the index has no emotions nor attachment, a very simple and efficient process
    it doesn't rule anything in or out it just go with the whole economy.

    most fundies try to be smart and with their complex algo and spending countless hours trying to figuring out how to run ring around the index
    a bit like the hare and the tortoise and the hare will end up losing in the end either through friction cost or bad calls.
 
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