Click video to listen to story. If you didn’t know, Hamish Douglass is probably Australia’s best known fund manager and is the figurehead of one of the most recognisable funds management businesses in the country: Magellan Financial Group. For years his flagship global fund has outperformed the market based on his convictions. It has afforded him rockstar status, a cult like following with investors, and the ability to get his message almost unfiltered into the media as many of Australia’s finance journalists have acted as stenographers when reporting on his thoughts and comments. Until recently. Magellan’s stellar performance has evaporated…