global economy 'heading for catastrophe', page-49

frankie

most of the stocks mentioned were taken over

that is anothor thing

my 90 year old mum knows nothing about investing and her only claim to fame is baking cakes
however she has ended up with a portfolio of the best quality shares showing at least a 50% profit

how did this happen?

well she never sold her shares and bought companies like SGB that got taken over

eventually through survival of the fittest the best quality shares emerged naturally in her portfolio

they include org, rio, bhp, wbc, wow

her investment advisor thinks she is some kind of warren Buffett

but all she does is bake cakes and never sold

learn something hey? ;-)