The reason for "Mr Market becoming bearish on IFL" is - with little doubt - because this stock has a beta that is very close to 1.o
It's quite uncanny... you and I seem to have a 180 degree diametrically opposite view to investing.
The companies you tend to buy I wouldn't touch in a decade of Sundays and the sorts of businesses I simply love to buy have no interest for you.
Having started by owning Australian Wealth Management, which was taken over by IFL in 2009, IFL has been a great investment for me, with the share price having almost trebled, plus I've received $2.10 in dividends since then with DPS having grown every year.
Accordingly I have been adding to my position in IFL today.
IFL currently represents 6% of my invest-able capital.
IFL Price at posting:
$8.61 Sentiment: Buy Disclosure: Held
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