CSL 0.56% $310.39 csl limited

Ann: Market Update, page-116

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    Continuing with simplistic comparisons, an investor may ask themselves "What would I rather?"
    - a stable but reducing real capital value investment with a PE of 20? Or
    - a more volatile but potentially growing investment with a PE of 30?

    There are no right or wrong answers, each has it's place. Not to mention that the world can change suddenly changing the above assumptions.
 
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