Ted Richards, Kylie Parker, Doug Morris, Claude Walker & Phil Muscatello
Each panellist talked about their memorable mistakes - and how they could have been avoided with more research and diligence.
We take a look at ETFs and the difference between active and passive management. Claude had a contrarian view that the ultimate diversified investment is Google, nothing else in the market having that much breadth and market power.
Ted is from a background in professional football and described watching his team mates blowing big money. They ended up with some impressive photos of cars and boats but not much else.
Questions from the audience included:
One of my favourite moments was when each of the panellists recommended reading company reports. Except Kylie who, as an accountant, recommends that you don't read them. Choose your poison.
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