MFG 0.51% $9.76 magellan financial group limited

yeah yeah yeah.This month fund manger A outperform, next month...

  1. 7,299 Posts.
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    yeah yeah yeah.
    This month fund manger A outperform, next month fund manger b outperform.

    Who cares!!!!

    The intrinsic value of the fund manager is not determined by month to month performance.

    The important part in my opinion is the multiple that the market is prepared to pay for fund mangers.
 
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