If you had a dollar for every time you’ve heard a fund manager talk about how they bring a long-term view to investing, you’d be so well off that you wouldn’t need to worry that the vast majority fail to beat their benchmark.
But what really are the factors that differentiate a truly long-term asset manager from one who simply mouths the market mantra?
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com