MBL macquarie bank limited

Even with boom times slowing, I would rather be holding assets...

  1. 54 Posts.
    Even with boom times slowing, I would rather be holding assets which are natural monopolies, which by their very definition have no competition and achieve above average returns.
    As for leverage, as long as you can service the debt [which Macquarie can with a few billion dollars to spare], monopoly assets over the long term can only appreciate.
 
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