I too am looking at buying some quality LICs, as a novice in this area, I have a couple of questions:
Is there merit in selecting the LICs with a discount to NTA just for the sake of value and security? Are the premium LICs that much better than those with discounts? I presume the answer is yes, buy why? My guess is: better management and stock picking skills that leads to higher return, am I right?
As always, thanks in advance to the experienced old hands out there.
I too am looking at buying some quality LICs, as a novice in...
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