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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 the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, long term Contact Energy Limited (NZSE:CEN) shareholders have enjoyed a 57% share price rise over the last half decade, well in excess of the market return of around 28% (not including dividends). On the other hand, the more recent gains haven't bee...
>>> Read more: Investors in Contact Energy (NZSE:CEN) have made a solid return of 112% over the past five years
>>> Read more: Investors in Contact Energy (NZSE:CEN) have made a solid return of 112% over the past five years
