Wow WAM .. top work JD .. watching it I remember the thing i learnt in the 1990s .. analyse the sh*t out of all prospects.. not just learn a little about the investment but analyse it over and over and over again.
Thanks for this interview fellows. I have a problem with Mr Wilson and the strategy of his LICs. His return are never quoted on a gross and net level. The returns are hugely based on franking dividends. These guys game the system to pay themselves very well. I glad Matty referenced the marketing they are very good marketers.
They certainly take their cut but they do the work usually succeed and pay good dividends. Suits many people. You can do better but it takes work or luck.
WAM just needs to bite the bullet and make management fees 0.8%, and then boost performance to 1%. If they do this, they get ETF inflows and smash all competitors!
It’s good that WAM group now has some natural resource expertise. That has been very lacking I believed. Although I did make a profit out of Western Areas which we were informed was on their books a few years ago before being taking over at a premium.
Appreciate you giving these guys a voice. However it’s hard to not cringe at what he talks about. Quoting Buffet when Buffet literally preaches that managed funds are a rip off
Wow WAM .. top work JD .. watching it I remember the thing i learnt in the 1990s .. analyse the sh*t out of all prospects.. not just learn a little about the investment but analyse it over and over and over again.
Thank you and it’s one of the best episodes
Loved the Wilson's interview
First.
Also do an episode on tin pure plays if they exist.
Just because you asked so nicely
@@shazrx533 Thank you.
A big fan of you boys and keep the good work going - very interesting topics would you kind enough to cover Alkane Resources
Thanks for this interview fellows. I have a problem with Mr Wilson and the strategy of his LICs. His return are never quoted on a gross and net level. The returns are hugely based on franking dividends. These guys game the system to pay themselves very well. I glad Matty referenced the marketing they are very good marketers.
They certainly take their cut but they do the work usually succeed and pay good dividends. Suits many people. You can do better but it takes work or luck.
WAM just needs to bite the bullet and make management fees 0.8%, and then boost performance to 1%. If they do this, they get ETF inflows and smash all competitors!
It’s good that WAM group now has some natural resource expertise. That has been very lacking I believed. Although I did make a profit out of Western Areas which we were informed was on their books a few years ago before being taking over at a premium.
the next show must be next to a brooks airport
Wam Bam thank you mam
#torque
Appreciate you giving these guys a voice. However it’s hard to not cringe at what he talks about. Quoting Buffet when Buffet literally preaches that managed funds are a rip off
uncle geoff
Buy low and then sell high😏
We need a coal LIC or maybe a little money miners junior base metals LIC with matty trav and jd at the helm!?
Cobba that mightn't be out of the question one day
Im in