What a ridiculous comment... I wish hotcopper would vet the level of posters on here.
MFF has returned 18.5% over the last decade, and Chris Mackay has handily outperformed Hamish. Mackay is far more conservative, as seen by the recent underperformance and cash drag, but I'll wait a couple of weeks for this to washout and invest in to the Global Fund. Mackay is one of the best and most prudent money managers in the country so the discount to NAV will be free money if you have a 5-10 year horizon.
Ann: Hamish Douglass - Medical Leave of Absence, page-121
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