@chrisbrycki If the product is crap, then the market should decide. Defining underperformance is nuanced, and for many, optimal retirement outcomes come from diversification of investments, risk, volatility etc.
Big thanks to @PhillipCoorey, @MatthewCranston and the free press for putting real pressure on the @AustralianLabor Senate and exposing the initial whitewash attempt on the CGT inquiry. Invitation landed at my personal (which is strange) email address this morning at 11.21 am. Lets hope the other high quality submitters have also been invited @chrisbrycki@DerekFranc90653@sterndavidi@HIA_au@FinServCouncil etc etc. Let’s hope some sanity is returning and they’re now open to hearing from actual investors and capital managers. Still a rushed farce. Anyway I’ll be there Tuesday making the case against this attack on aspiration, startups & productively. We must stop the insane CGT on Australian businesses!
#AxeTheCGTHike