Roger Montgomery: 'Here are 15 Australian listed businesses that generate high rates of return on equity, while also suggesting their possible competitive...

Roger Montgomery: 'Here are 15 Australian listed businesses that generate high rates of return on equity, while also suggesting their possible competitive advantages. The key is to find companies whose underlying businesses might help to mitigate the risk of permanent capital loss. The very best businesses to own are simply those that have the ability to take large amounts of incremental equity capital and generate very high rates of return. Warren Buffett summed it up best when he said: All we want is big equity and big returns on equity. To generate those high returns sustainably, it usually helps that the company has something that is defendable against competition. Also known as a sustainable competitive advantage, businesses that have such characteristics are able to generate higher rates of return than their competitors, setting themselves, and their owners, up for a bright future. Full ASX article here: (VIEW LINK)


The Livewire Equities feed brings you a range of insights that relate to Australian equities

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

trending on livewire
Get the best of Livewire by signing up to our popular daily newsletter