Interesting statement. But, both Magellan and Warren have 40-50% of their portfolio or more in growth stocks. Isn't that correct? Gee, I wonder what happens will happen then if tech stocks go splat. Their portfolios will magically generate positive absolute returns har har.
https://www.cnbc.com/2022/01/04/warren-buffett-makes-over-120-billion-on-apples-trot-to-3-trillion-among-his-best-bets-ever.html
Making statements like "leverage is a double-edged sword" mean nothing without context so I'm not sure what you mean.
Is a utility company employing significant leverage to invest and maintain the provision of essential services which you rely on to have your lights on? If so, that's necessary and effective.
Is a personal investor using significant amounts of borrowed capital to amplify returns? Probably a bad idea for individual investors for sure. But if it comes down, what does it really matter for companies like Apple and Microsoft? Sure their stocks will go down a lot, but they have AAA ratings and the biggest cash balances among any companies in the world. If anything, they could make strategic or bolt-on acquisitions for cheap while the structural growth story to the cloud, AI usage continues, and they will keep increasing their dividends.
I don't scorn value and defensive stocks. Please don't make lies up and try to read my posts. I bought MQG at $85 and picked up significant amounts of the index at their COVID lows, and I've held JNJ, P&G, and railroad stocks, largely ignored by most Australian investors because they're "boring", for a very long time.
Feel free to go with the odds which I don't know what you're referring to. If it's MFG stock rebounding based on fantastical theories that Hamish's core strategy will rebound, then I hope your fairy tale comes true. But never will I refer to MFG as a value stock if the value is inherently linked on one man's ability to beat markets. That's gambling.
- Forums
- ASX - By Stock
- Ann: Funds Under Management - December 2021
Interesting statement. But, both Magellan and Warren have 40-50%...
-
-
- There are more pages in this discussion • 81 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 MFG (ASX) to my watchlist
|
|||||
Last
$8.50 |
Change
0.020(0.24%) |
Mkt cap ! $1.536B |
Open | High | Low | Value | Volume |
$8.45 | $8.52 | $8.41 | $3.903M | 460.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2669 | $8.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.50 | 2799 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250 | 8.490 |
3 | 2704 | 8.480 |
2 | 5989 | 8.470 |
2 | 3480 | 8.460 |
3 | 10708 | 8.450 |
Price($) | Vol. | No. |
---|---|---|
8.500 | 1641 | 2 |
8.530 | 1654 | 1 |
8.540 | 1654 | 1 |
8.550 | 8439 | 5 |
8.560 | 7543 | 5 |
Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
Featured News
MFG (ASX) Chart |