@woollydog. Thoroughly agree with you with the Watermark crowd. See my critical post in WMI. They have done absolutely nothing in all sorts of economic climates, even tho they are supposed to perform in down markets. Funny your appraisal of Gourav, i found him When I watched him to be quite considered and thoughtful and he certainly along with James, has the emerging companies fund humming with Investsmart.
I see Paul Clitheroe put quite a hansome sum with that fund out of his own pocket.
One little LIC that I have just taken a position in, is CVF. Contrary Value Fund managed by Arowana. If nothing else, have a look at their latest report and scan a few of their end of month reports. Their returns are bloody good some months, but its the entertaining reports and the range of investments and the reasons for them taking positions in those companies that makes the read, enjoyable. Enjoy !
