Listened to a podcast today where a very
respected fund manager was asked whether the
supermarkets were price gouging.
I have substantial money invested with this
manager , regard his opinion highly and he
has a degree in finance and economics.
His response was, “ considering the modest
after tax margins it is very hard to argue that
the supermarkets are price gouging. If margins
and profits are squeezed it would lead to a
withdrawal of capital and less investment in
vital supply chain infrastructure which will
ultimately lead to higher prices “
The supermarkets are purely whipping boys for
the uneducated and angry masses.
- Forums
- Political Debate
- Govt response to anti competition review
Listened to a podcast today where a very respected fund manager...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online