Geoff Wilson readies playbook for under-fire Contango LIC

Discussion in 'Shares & Funds' started by twisted strategies, 11th Jun, 2020.

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  1. twisted strategies

    twisted strategies Well-Known Member

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  2. monk

    monk Well-Known Member

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  3. twisted strategies

    twisted strategies Well-Known Member

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    GW is successful sure , but i buy LICs because i like the way the current manager plays his strategy

    i bought WAX because that strategy suited ME , and didn't buy into his other lICs because i liked the way different managers achieved their outcomes

    for example what becomes of the Wilson stable if GW retires
     
  4. monk

    monk Well-Known Member

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    I wonder that as well,though heard him say he was buoyed by the fact that Warren Buffet is still at it at 89. GW also says his 'team' follows their proven strategy & he has little to do with with most investment decisions these days, who knows. But yes, how much does the 'cult' of GW contribute to the purchasing of WAM products? He knows how to market his product. I do hold WAM,WLE & WMI though have been reducing some of these in favour of the index & old school LIC's.
     
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  5. twisted strategies

    twisted strategies Well-Known Member

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    well in July 2016 i looked good for a lengthy healthy retirement , a medical check-up discovered a couple of issues by January 2017 i was on a full disability pension , and the medicos guessing if i will survive 2026 there is a very slim chance i will reach 80 even if i get a heart transplant

    so what looked healthy 4 years ago can change fast .. and i don't even breakfast at MacDonalds every morning

    BTW i am more a fan of the Milner stable preferring to buy into company's SOL has a major stake in , have had a nice couple of results from that

    i also held HHL and HHV when Peter Hall was running hot .. that has not been such a happy story
     
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