Magellan dumps 11% stake in Guzman y Gomez - Sydney Morning Herald

Magellan’s star investor Hamish Douglass was enthusiastic about the growth potential of the Mexican food chain but while on sick leave, the investment has been sold.

Douglass has defended MCPs assets during loss-making periods, predicting the businesses would show profitability over the next three to five years. Youre going to look back and say they were smart in… [+2281 chars]

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