“Wes Brot ich ess, des Lied ich sing”. That’s one of the many random German phrases my grandmother taught me as a child*. Translated, it means “his bread I eat, his song I sing”.
Take a guy who runs a long short fund that has performed very well through a market crash. Put him in a room with a guy that runs a concentrated long only fund that has been hammered. Now ask them whether the crash is justified and whether it has further to go?
I joined Ben McGarry from Totus Capital for a Livewire interview last week to discuss exactly that topic. No prizes for guessing which side of the argument we were on.
*I spent a bit of time in Germany and Austria in my early twenties. While I could hardly string a sentence together in that fiendishly complicated language, my random collection of nursery rhymes kept the locals well entertained.
Ready to invest?
Visit this page for more information on how to invest with Forager.
Forager Funds is a boutique fund manager specialising in a value investing approach. We offer an ASX listed Australian Shares Fund as well as an International Shares Fund both aimed at delivering returns for long term investors.