By Tim Evans
21 September 2020, 4:40 PM
Hamish Douglass, Chairman & CIO of Magellan Financial Group in conversation with Tim Evans, Morgans Private Client Adviser. Hamish covers a wide range of topics including the likelihood of inflation returning and the importance of valuation, compounding and people, as well as the upcoming US election, plus much more.
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By Ken Howard
15 September 2020, 4:35 PM
In my opinion, for an asset to be "investment grade", it must be profitable.
That doesn’t mean that it has to be profitable today, but there does have to be a real and honest expectation of profitability in the not too distant future.
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