Business
4 words that frighten a $180 billion fund manager – Motley Fool Australia
AustralianSuper chief investment officer Mark Delaney shakes his head whenever he hears this at a barbecue.
Mark Delaney manages one of the biggest lumps of money in Australia.
Since 2006 he has been chief investment officer for AustralianSuper, which now has more than $180 billion under management.
One out of every ten Australians rely on him to maximise their retirement nest eggs.
So Delaney knows a thing or two about investing, and has heard all the barbecue talk about how to grow your money.
So what’s the cliché that frightens him the most for retail investors?
“There’s no more dangerous word…
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