What is a strategic investment, page-3

'Strategic investments seem to a be glorified phrase for gamble.'

quite the opposite! a long short is not a strategic investment

blue chip shares such as:
bhp
big bank
rio
westfarmers
westfield
woolworths

quants
precious metals
lics
unit trusts
cash fund
bond funds
multi currency fund
residential property trusts
term deposits
a rental house

would be classed strategic investments.