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Top investment advice

paul_1005The Sunday Morning Post has been running a column on the back page that was supposed to offer investment advice.  It’s written by Paul Pong of Pegasus Fund Managers, and features a hypothetical portfolio of Hong Kong and China equities.

Today they announced that the column is to cease because “the amount of trading in the portfolio has increased substantially and this could create conflicts of interest with his obligations as a professional fund manager.” 

So, nothing to do with the fact that the value of the portfolio is down 44.19% in the ten months that the column has been running?

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One response to “Top investment advice”

  1. linte avatar
    linte

    I’m not surprised, his investment hypothetical port. track record is dismal. In fact, I think the SCMP should just cancel his column entirely. He doesnt add value to anything other than some BS.I have a better chance of out performing him by just throwing darts blindfolded and in the dark standing on one leg while drunk.

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