Chris Cuffe is best known to many as the guy that received a massive payout (nearly $33 million) in 2003 following Commonwealth Bank’s purchase Colonial First State and his exit from the business. Much criticism was heaped on Chris Cuffe at the time, with few acknowledging he was a key hand in Colonial First State owners and investors making much more over preceding years.
Was it fair? I’ll leave that for others to answer, but I think he’s made better use of his money than most since then (see article).
More importantly for those of us still working toward a massive payout, or even a little one, it is worth paying attention to what Chris Cuffe says in relation to the financial services industry and investment matters in general. Few have operated in such a variety of roles or are prepared to tell it how they see it.
Whether you are involved in investment management or rely on investment managers his 10 biggest investment management lessons, distilled from decades of experience, is gold. Enjoy (click here).
This advice is of a general nature only and may not be relevant to your particular circumstances. The circumstances of each person are different and you should seek advice from a financial planner who can consider if any strategies or products mentioned are right for you.