Do you own many old economy companies yet to be disrupted?
In this video insight CEO David Buckland discusses the extraordinary network platform businesses owned by Montgomery Global, including Playtech, Alibaba, Tencent, Apple and Facebook.
Chief Executive Officer of Montgomery Investment Management, David Buckland has over 30 years of industry experience. David is a deeply knowledgeable and highly experienced financial services executive. Prior to joining Montgomery in 2012, David was CEO and Executive Director of Hunter Hall for 11 years, as well as a Director at JP Morgan in Sydney and London for eight years.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Mark Story
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I think its important to remember that ‘disruptors’ are most at-risk of being disrupted into the future… so what price do you place on sustainable competitive advantage..?
CHARLES MCDONALD
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David,
Recently I doubled by exposure to Montgomery Global. 22% increase in less than 2 years speaks volumes. Pleased to note that both Andrew and Chris have maximum amounts of their investment wealth in the fund also. That speaks volumes too. So much so, that I will be re-jigging my super portfolio next month to allocate a further weighting to M.G. (don’t worry Tim, I have a healthy exposure to the Montgomery Fund as well), it’s just that right now and for the foreseeable future, I think, the global investment strategy will be leaving Australia way behind.
David Buckland
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Thank you Charles. And pleasingly nearly all the 22% return has come in the past ten months – with an average cash weighting of close to 20%