Should I buy all the banks and Telstra and Woolworths and Wesfarmers like everyone else or is that stupid?
I recently had a question from a Member - Should I buy all the banks and Telstra and Woolworths and Wesfarmers like everyone else or is that stupid? I wrote about this back in 1995 when I had just arrived from London. About time I updated it. The basic attraction of these stocks is that they have quasi monopolies (oligopolies) or as Morningstar put it, wide moats. They dominate their space and its very hard to compete with them. Full article: (VIEW LINK)
most popular
Equities
The ASX tech company dominating its space and why we're backing it
Auscap Asset Management
Equities
Copper threatens to outshine lithium, putting leveraged juniors in the frame
Independent Journalist
Please sign in to comment on this wire.