FMG 1.10% $19.76 fortescue ltd

Ann: Full Year 2022 Annual Report and 4E, page-13

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  1. 7,705 Posts.
    lightbulb Created with Sketch. 2797
    what about those of us who bought in at $1.69 and have received ten times that in divvies alone since ?

    You and two others. It is well documented that most investors (including professional fund managers) buy stocks when prices enter the parabolic stage due to FOMO. The majority of investors in Peter Lynch's Magellan Fund actually lost money despite a 23% CAGR because they bought too late.
 
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