that business about not being able to time the market is lazy fund manager BS. It can be done and I know of fund managers who have done it.
Marcus Padley, who runs Marcus Today and runs his own fund got out at the beginning stages of the COVID crash and then amazingly got back in around March 2020 before the market took off.
all subscribers saw him do it.
He does it using mainly technical analysis.
there is little doubt money printing has inflated asset markets everywhere and a catalyst will take them down. Ray Dalio says so....
HD seems to thinks he can identifying that catalyst or black swan eg omicron, a war with Iran
Maybe he can, maybe he can't. who knows?
rock star fund managers and billionaires like HD might be able to it where mere mortals like you and I can't.
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MFG
magellan financial group limited
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$8.41

that business about not being able to time the market is lazy...
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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 | $8.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.41 | 15509 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 67 | 8.340 |
1 | 144 | 8.290 |
1 | 4000 | 8.260 |
2 | 14848 | 8.250 |
1 | 188 | 8.180 |
Price($) | Vol. | No. |
---|---|---|
8.420 | 4500 | 2 |
8.450 | 20800 | 4 |
8.500 | 1377 | 2 |
8.520 | 440 | 1 |
8.550 | 122 | 2 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |