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Is this the most ridiculous sentence ever written?, page-4

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Dumas

175 Posts.

22/10/17

13:12

Post #: 28095102
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Originally posted by Dumas ↑

AFU
And to put further fuel on the fire of idiocy, the MD and CIO of CGA twittered on or since Friday the benefit of his undoubted skills and experience on Funds Management as follows

" Investing is simple but ever easy"

If only investing was "simple". We would all be wealthy and living in paradise! What insights?

Certainly " never easy" the last 15 months for Micros for CGA - but remarkably not so much for the 23 or so other Micro managers inAustralia!

12 months to June 30 ( Livewire )
Top mgr over 25 per cent, top quartile 17, median 12 , bottom quartile zero. CGA unlisted and CTN even lower - both Minus 6 plus. XSO 7 per cent So two thirds beat the index, and almost all saw it a lot "easier" than CGA

What about CGA's other Micro clients? Just been publicly told that CGA ( and presumably Micro Portfolio Manager - Bill Laister ) can't hack it. Will CGA return those funds to investors at NTA - and further worsen CGA negative cash flows? Or are they quietly wrapped up in the NAOS deal?

DYOR

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Mea Culpa To clarify the first para it should NOT have referred to the GB words on Twitter as "a recent tweet". It is actually part of his profile page
DYOR

CGA Price at posting: 85.0¢ Sentiment: None Disclosure: Not Held
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