That which is espoused is so Australian and how the ASX looks at businesses on its bourse. What worked 20 to 50 to 100 years ago, big banks, big telcos, big retail/ "grocers", the old serum lab or biopharma and then nothing else.
On the NYSE or NASDAQ, u have the Apples, Microsofts, NetFlix, Google (Alphabet), new companies that were not even around 2o years.
If the world mean reverts to the past, ASX will win. If humanity and capitalism goes into the future, the NASAQ, NYSE and LSE will win.
Your money, your investment, your choice?
Concept stock orphan, page-38
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