Hi all, see below for a great summary from Fidelity that reiterates the normality of volatility in share markets. (5 minute read) ”There is a rich seam of wisdom about how to respond to market slumps. This points to two things. First, it says that market volatility is not unusual, it is a shared
Luke Rathborne has been quoted in the Australian Financial Review giving his view on Magellan Financial Group’s (MFG) listed active managed international fund, Magellan Global Equities Fund (MGE). Luke describes this exchange quoted structure as a great way to ”complement the (MSCI World) index with quality proven active management”. He also reinforces Fortitude’s approach to
Hi all, Feedback from Fortitude’s educational and celebratory evening showcasing the very impressive founder, major shareholder and former Chairman of Magellan Financial Group (MFG), Chris Mackay has been overwhelming. Chris has been the CEO since inception back in 2006 of ASX listed Magellan Flagship Fund Ltd (ASX Code: MFF). His track record is outstanding,
Hi all, Many of you have asked for an update from the meeting earlier this month, and I must admit, it’s very hard to put words to the experience. This was my third consecutive meeting and the two lads, now aged 84 and 91 respectively, were at their best for mine. Whilst generous in
Hi all, Having just returned from the US and seeing first-hand the tremendous business confidence from California to Omaha (note to follow) and New York, it’s time for Australians to show similar confidence and live life with more optimism. ‘Ask NOT what your country can do for you … ‘ Joe’s budget for mine is
