Thoughts on Magellan (MFG)
James, Appreciate the daily updates & content. I have ridden MFG to a DCA of circa $18. It is currently the largest holding in my portfolio. I understand that outflows have continued, but surely at some point this will come to an end. Over the longer term (3-5 years), would you envisage MFG to recover & hence consider continue to DCA, especially noting the current dividend yield & potential future recovery? MFG seems to have been battered with continuous bad news at eight years lows with a low P/E. Thanks, Bernie
