Ep 100: Hamish Douglass - The behaviours of great investors

Inside the Rope with David Clark

In the special 100th episode of Inside The Rope, David is joined by Hamish Douglass of Magellan. Throughout the episode, Hamish references some of the world’s greatest investors such as Warren Buffet, Benjamin Graham, Phil Fisher and Peter Lynch and discusses the impact these legends have had on Hamish’s own approach to investing. Hamish highlights some of the key behaviours that lead some investors to be successful and offers thoughts on how we can leverage these behaviours throughout our own investing to achieve better outcomes. David and Hamish additionally discuss Hamish’s stance on cryptocurrencies, and reflect on Hamish’s previous prediction that it is inevitable Bitcoin will go to zero. Lastly, Hamish shares his current view on the COVID-19 pandemic, as well as his thoughts on the potential impact of inflation on financial markets. Hamish Douglass is Co-Founder, Chairman and Chief Investment Officer of Magellan Financial Group, and Lead Portfolio Manager of Magellan’s Global Equity strategies. Hamish is a former member of the Australian government’s Financial Literacy Board, the Australian government’s Takeovers Panel, the Australian government’s Foreign Investment Review Board and the Forum of Young Global Leaders – World Economic Forum. Hamish is a Director of the Victor Chang Cardiac Research Institute.