MFG 6.08% $9.07 magellan financial group limited

Aceboy nothing about personal vendettas to get it right.Think...

  1. 7,284 Posts.
    lightbulb Created with Sketch. 1069
    Aceboy nothing about personal vendettas to get it right.

    Think about it like a casino, except with a casino each spin has independent probability.

    For share investing, a lower price paid, all other factors being equal has a higher probability of generating a higher future return, and a higher share price paid has, all other factors being equal a higher probability of generating a lower future return.

    ie dependent probability.

    Thats why I love the share market
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.