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For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk of stock picking is that you will likely buy under-performing companies. We regret to report that long term Austal Limited (ASX:ASB) shareholders have had that experience, with the share price dropping 39% in three years, versus a market return of about 29%. And the ride hasn't got any smoother in recent times over the last year, with the price 32% lower in that time. Furthermo...
>>> Read more: Investors in Austal (ASX:ASB) have unfortunately lost 32% over the last three years
>>> Read more: Investors in Austal (ASX:ASB) have unfortunately lost 32% over the last three years
