MFG 1.25% $9.70 magellan financial group limited

Ann: Funds Under Management - March 2019, page-8

  1. 1,188 Posts.
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    He has literally no reason to. He's in control of and is the face of the most prestigious listed managed fund company in Australia and is following a projectile that in ten years has no reason it couldn't lead the company to be ten times higher. There is no limit to growth in the industry, the company is in the best type of business in the world to manage any market risks for their company as long as they continues to make intelligent and rational decisions, and the FUM is relatively small still in terms of similar global investment companies. Being a giant Buffett fanboy I doubt he is the type to leave simply because he's hit a certain amount of net worth and is content with leaving it at that.
    Last edited by Jean Luc Bergman: 06/04/19
 
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