and hence why most cant outperformed the index, the index has no emotions nor attachment, a very simple and efficient process
it doesn't rule anything in or out it just go with the whole economy.
most fundies try to be smart and with their complex algo and spending countless hours trying to figuring out how to run ring around the index
a bit like the hare and the tortoise and the hare will end up losing in the end either through friction cost or bad calls.
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MFG
magellan financial group limited
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0.71%
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$8.44

and hence why most cant outperformed the index, the index has no...
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Last
$8.44 |
Change
-0.060(0.71%) |
Mkt cap ! $1.454B |
Open | High | Low | Value | Volume |
$8.54 | $8.54 | $8.39 | $5.037M | 595.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $8.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.45 | 4641 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 8.390 |
1 | 3000 | 8.380 |
1 | 2252 | 8.370 |
1 | 2252 | 8.360 |
1 | 2252 | 8.350 |
Price($) | Vol. | No. |
---|---|---|
8.450 | 4641 | 2 |
8.460 | 2284 | 2 |
8.470 | 2252 | 1 |
8.480 | 2252 | 1 |
8.500 | 2361 | 2 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |