Summer Series
Investing in 2025: beyond the laws of reality
Why this year the market felt untethered from probability or profit.
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Why this year the market felt untethered from probability or profit.
It's been a year of betrayal upon betrayal for James Hardie shareholders.
For McCann to now be 2IC of Australia’s sixth largest company is beyond ludicrous.
Fund managers are now trying to price the unpriceable risks of berserk founder-CEOs and of being transacted out of high-performing companies with zero recourse.
Hardie has engineered the perfect heist, diluting its Australian shareholders and escaping the ASX primary listing and its pesky checks on executive pay.