The Magellan chairman knows value when he sees it and sometimes, he says, great opportunities are hiding in plain sight.
Hamish Douglass: "McDonald's has made such a contribution in giving people their first jobs, and training people in the skills of process and discipline." Louise Kennerley
I love McDonald's chips." My lunch with Magellan chairman and co-founder Hamish Douglass begins in furious agreement.
The venue might seem an unusual choice for a man with a personal net worth of more than $1 billion but Douglass has a good reason to support the fast food chain: it's been one of his fund's star performers.
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Original URL: https://www.afr.com/link/follow-20180101-p527js
