Ann: Hamish Douglass - Medical Leave of Absence, page-80

I'll be honest, I was like "geez, sounds like a great life - trading in the AM and then reading about gold all afternoon, he could do that from a windowless apartment in Docklands rather than in Thailand!" Glad to see it was an autocorrect error!

As for Hamish, I got out last year when he was on Arctic P with the Instagram "influencers". They're not on that boat for a chat and a couple of drinks, so I took it as a sign that his eyes aren't on the prize (well, not the prize I'm interested in him caring about anyway...). When you're told you're God for a number of years and you go from being a somewhat anonymous but quite wealthy money manager to a suddenly very famous and VERY wealthy money manager it must be very challenging to maintain the status quo when it comes to your home life. I can't really empathise with it, but I think we all know what it is like to have options and his number of options would've increased broadly in line with his net worth.

That said, I reckon it is way, way oversold and Mackay is a canny operator. He'll close ranks, get out amongst the mandate holders and give it a real crack. I'll still hold on to my MICH, but I must admit that even without debt I do have some concerns about the long term future of the wider Magellan business off the back of this.