We’ve written extensively about how we deal with the psychology of markets. Whilst it is nearly universally accepted to buy cheap stocks and sell expensive stocks, this simple concept can prove difficult to implement.
We thought it might be useful to examine an example, Macquarie Group Limited (ASX: MQG), one of our larger positions, which was (at the time of writing) a fundamentally sound investment and combine this fundamental approach with the process we use to scale into and out of positions to ensure that we are adding to winning positions and reducing losing positions.
In this Cadence Opportunities Fund Presentation Karl Siegling discusses in detail the upcoming Entitlement Offer and Shortfall Offer. This offer is open to both existing and new Cadence Opportunities Fund Investors. Please click here to view the Offer Information Statement. This offer opens on 22nd October 2020 and all Acceptance Forms and Application Forms […]
131 Macquarie Street
Sydney NSW 2000
Cadence Asset Management Pty Ltd (ACN 106 551 062 and Australian Financial Services Licence Number 252745).