Opinion

Two wrong calls: Why fundies couldn’t beat the market in FY24

There were two key calls to make in FY24 if you wanted to at least keep up with the market. Get one of those trades wrong and that’s your year’s performance gone.

Jun Bei LiuContributor

Updated Aug 25, 2024 – 2.46pm, first published at 9.08am

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Making money is never easy in investing, but it becomes harder if you get caught out on the wrong side of a vicious stock move, especially in the ASX’s largest companies.

Get it wrong, and it means you have to make up an awful lot of ground in other areas of your portfolio if you want to beat the benchmark.

Jun Bei Liu is a lead portfolio manager at Tribeca Investment Partners.