MFG 0.70% $9.95 magellan financial group limited

Ann: Pause in Trading, page-153

  1. 7,490 Posts.
    lightbulb Created with Sketch. 1097
    Aceboy nothing about personal vendettas to get it right.

    Think about it like a casino, except with a casino each spin has independent probability.

    For share investing, a lower price paid, all other factors being equal has a higher probability of generating a higher future return, and a higher share price paid has, all other factors being equal a higher probability of generating a lower future return.

    ie dependent probability.

    Thats why I love the share market
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.