MFG 0.56% $10.79 magellan financial group limited

Alpha is back in January. It It is an opportunity to buy the...

  1. 67 Posts.
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    Alpha is back in January.

    https://hotcopper.com.au/data/attachments/4058/4058350-618aab309404dd349d20fa83af3a26d3.jpg

    It It is an opportunity to buy the fund managers at lower pe. Which one will be performing better in the next decade?
    I look at stats and consistent performance over the long period of time, not one year out of 4 but rather 12 out 15. 80/20 rule works Well pretty much everywhere.
    High average 3 or 5 years performance achieved as a result of one successful year is a deceiving those that are not friendly with statistics.
    Facts Do not lie, and opinions are subjective. I found several posters that bring informative and knowledgeable insight. But there are plenty of dampers here for selfish reasons.





 
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