90 per cent of asset managers/funds mentioned on investment blogs are organisations (and people) of whom I've never heard. Perhaps this further demonstrates my ignorance.
Below is a comment from some outfit called Spheria Asset Management on the 'lively' blog this morning:
(DYOR is best: it is merely posted for information, as while we know what he means when describing SNL as "exciting", I prefer 'excitingly boring' as one struggles to think of a more mundane business than selling truck and bus parts. Thankfully, there's no guaranteed correlation between 'boring' and 'poor returns'):
Supply Network (ASX: SNL) A long-term holding of Spheria, Burns describes it as an “exciting company” that supplies aftermarket truck parts.
90 per cent of asset managers/funds mentioned on investment...
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Last
$22.59 |
Change
-0.010(0.04%) |
Mkt cap ! $958.7M | |||
| Open | High | Low | Value | Volume |
| $22.60 | $22.80 | $22.50 | $149.8K | 6.595K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 87 | $22.50 |
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| Price($) | Vol. | No. |
|---|---|---|
| $22.59 | 55 | 1 |
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| SNL (ASX) Chart |