Hamish Douglass may be talking his own book, so to speak, but he has some compelling arguments about the need for investors to scale back their return expectations for Australian shares.
Douglass is chief executive of Magellan Financial Group , a listed fund manager that specialises in international shares.
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Sally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com
