If you have browsed many other pages on my website you can see I am not the greatest fan of star fund managers. Trying to decide which ones will out-perform their benchmarks, and when, is profoundly difficult. I’m not going to go into the pros and cons once again suffice to say this picture says it all in my mind.
Therefore my latest fund purchase looks as though I have changed my position. On October 21st I bought The Edinburgh Investment Trust managed by the biggest star fund manager of them all – Neil Woodford. Another first for me was the fact that I made the decision to buy whilst onboard a ship. My iPad doesn’t care where the wifi comes from. My instructions can be relayed back to the office from anywhere in the world. Continue reading “Edinburgh Investment Trust”