NWL News: Investing in Netwealth Group (ASX:NWL) five years ago would have delivered you a 72% gain - 7th Jul 2023, 10:46am

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Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, long term Netwealth Group Limited (ASX:NWL) shareholders have enjoyed a 60% share price rise over the last half decade, well in excess of the market return of around 12% (not including dividends). However, more recent returns haven't been a...

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