"Assuming Allan Gray and Singapore investment corp are professionals, then you're not as amateurish as you might think."
Only 5% of managed funds outperform the index.
Allen Gray produces returns no better than an index fund and worse than a portfolio of Blue Chips.
The recent acquisition of shares by the Singaporeans is actually described as "collateral" with no purchase price. It is presumably connected with a debt.
"So, we have Gina, Kerry and Allan all proffessionals, all billionaires."
Many billionaires have lost their entire fortunes. Here are five well known examples.
http://au.ibtimes.com/bankrupt-billionaires-saga-5-billionaires-who-lost-all-fortunes-1311425
"All being called idiots by brokers that Catch the train to work."
Roughly 80-90% of counter-cyclic investments result in a complete loss of capital. In most cases the brokers are correct.
- Forums
- ASX - By Stock
- Ann: Change in substantial holding
"Assuming Allan Gray and Singapore investment corp are...
-
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online