There is obviously an underlying reason for the hatred, and it's not Magellan's recent poor performance.
He could easily sell, and go buy an index fund - and then have no one to blame but the market - but insists on rambling on here.
It's pretty much indecipherable most times.
Magellan, for all its supporters, sure has some loud and unruly haters.
We all know the performance has been crap of late. Its not a revelation to anyone - but he insists anyway. What can you do...
How much hate can you throw at a fund manager who went super conservative at the outbreak of a global pandemic - or saw the immense possibilities in China.
If it wasn't for an influx of trillions of dollars in printed money - or the ramblings of a tyrant - we would be singing his praises.
MFG Price at posting:
$19.80 Sentiment: None Disclosure: Held
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