Buffett is sitting on more cash than the total FUM of Platinum and Magellan combined ($50bn)
Buffett is sitting on more cash than the total FUM of Platinum and Magellan combined ($50bn). It's a huge drag on performance and the only way he's going to be able to put that sort of cash to work is if we have a financial crisis every five years. Time to start giving some back to Berkshire shareholders.
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Steve began Forager Funds in 2009, and now manages approximately $400m across two funds. The Forager Australian Shares Fund and Forager International Shares Fund are both unlisted and are available to investors with daily applications and redemptions. Steve focuses on long-term investing in undervalued and sometimes unloved companies.
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Steve began Forager Funds in 2009, and now manages approximately $400m across two funds. The Forager Australian Shares Fund and Forager International Shares Fund are both unlisted and are available to investors with daily applications and...
Expertise
Steve began Forager Funds in 2009, and now manages approximately $400m across two funds. The Forager Australian Shares Fund and Forager International Shares Fund are both unlisted and are available to investors with daily applications and...
Expertise
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