sharemarket is not a wealth creation vehicle, page-21

  1. 450 Posts.
    lightbulb Created with Sketch. 3
    gurubob: I started a new thread wherein i try to argue the case for investment grade comapnies and list them

    Lindso47: I think you may have misunderstood: it isn't 10 out of 70 or 80 stocks that are investment grade; rather, my point is that there are 70 or 80 stocks out of the 2000 listed that are investment grade, but that, at any given time, only about 10 of the 70-80 investment grade stocks are udnervalued enough to buy for the risk-return equation to be in the investor's favour. The distinction is a critical one.

    Cam
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.