Roger Montgomery - Australias worst fund manager?

Without being derogatory what is with this guy?

Firstly he loves Telstra at $5 and Healthscope at $3 and AMP at $5 seeing "value".

He hates stocks that go up, such as APT which he calls a factoring business with "a negligible intrinsic value" -  big user of buzzwords but quite clearly guy doesnt understand finance.

Sure he has glasses and a nice suit, ill give him that.

But he has sold me and my family Disallowed.

He has set me back tens of thousands to inflation, yet still has the same smug grin and know it all diatribes on the television set.

I have review the results of the three funds I am an investor of and quite frankly it stinks and im upset.

a) The montgomery fund has made +0.82% per annum over three years (ie.  worse than cash held at bank for 2% interest)

b) The montgomery alpha plus has lost -1.46% per annum over two years (ie.  worse than cash held under bed at 0% interest)

c) The montgomery private fund for HNW $500k min investors has made +1.07% per annum over three years (this is top fund for big dollars that should produce results).

Im really upset not sure what to do...

I am also sick of listening to his lectures and warren buffet quotes like he is some oracle of insightful investor man.

please see fund returns below and keep this thread to the facts, its not personal.  

https://www.montinvest.com/tmf

https://www.montinvest.com/map

https://www.montinvest.com/apply-to-invest-montgomery-private-fund