Ann: Macquarie Group Appendix 4E March 2020, page-53

just trying to give an advice even though I, from a long term perspective, am sure of a great future for MQG, but the current price indicates that there is a rather optimistic outlook for MQG (which I absolutely share) but the market is volatile and six months from now there is a high chance / risk (depending on your situation) that the share price will have swung many times between 70-100. If I were in your shoes, I’d sit on the sideline until I’d get a chance to re enter at a lower price. I know how tempting it is to dive in during a rally, but I always remind myself that I’m the boss over the market and not the other way around. regarding the price swings that surely will hit, they will come, not because of any fault of MQGs own, but rather of the continual market volatility as a whole.