Just because LSF are the best today, doesn't mean I regard this as a permanent feature. The whole point of me highlighting over 80% fail to beat the benchmark over the long term. Best today, worst tomorrow... You know - like Magellan, Platinum, Ophir...
I noticed you were silent on the cash grab when the shares were at a discount to the NAV...
Just so you have some clarity... I am not targeting OPH... but the funds management industry as a whole. You don't need to trawl back over my historical posts. Please focus on something else, like what they are paying you for.
Investors overreact to variance on time frames that are too short...
Is 45 years of solid data showing active managers fail in the majority of cases too short of a timeframe.
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