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)
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Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and informing private investors with insightful, honest, straight-up independent stock market research and ideas. Marcus likes to call it as it is without agenda, puts subscribers first, and this has paid off for real people with real money.
Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and...
Expertise
Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and...
Expertise
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