What's an ardent passive investor doing on a Magellan forum? haha.
Yes, active investment managers seem to have a good run, followed by the inevitable slump. Luckily for Hamish, the hundreds of millions found it's way to his bank account before the slump.
I often wonder why I persist with active management, knowing the depressing performance figures. Maybe we are all just really bad at reading statistics... because if we could we would all be in a broad based passive ETF.
Ann: Update on Hamish Douglass & David George commencement date, page-39
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Last
$8.41 |
Change
0.080(0.96%) |
Mkt cap ! $1.452B | |||
| Open | High | Low | Value | Volume |
| $8.31 | $8.41 | $8.20 | $12.67M | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5667 | $8.39 |
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| Price($) | Vol. | No. |
|---|---|---|
| $8.41 | 15509 | 3 |
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