PTM 2.91% $1.06 platinum asset management limited

I thought I would have a quick look here again. It has been a 5...

  1. 3,481 Posts.
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    I thought I would have a quick look here again. It has been a 5 min look with no real thought or analysis.

    One thing that interests me is this.

    Imagine this.

    As at 28 feb, the main fund has outperformed the index by 9.7% over the past year. So an excellent starting point on which to build a new legacy.

    What if they sacked everyone, put that fund into an index fund, let it track the market for 5 years, then the performance metrics of the fund will still show outperformance over 3 and 5 year periods, and all the dumb money will be attracted back in. Then after 5 years, let Kerr and Madamswer manage 20% of the fund from their home offices. Driving outperformance for the next 5 years. Then with outperformance over a decade, and two of Australia's wisest investors running the show from their homes, FUM will start flooding in, and the shareholders will be very happy.

    That would be a business I would invest in. I can only dream.
 
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Last trade - 14.02pm 17/06/2024 (20 minute delay) ?
Last
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