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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. Buying under-rated businesses is one path to excess returns. For example, long term Mineral Resources Limited (ASX:MIN) shareholders have enjoyed a 88% share price rise over the last half decade, well in excess of the market return of around 16% (not including dividends).
So let's investigate and see if the longer term performance of the company has been in line ...
>>> Read more: Those who invested in Mineral Resources (ASX:MIN) five years ago are up 116%
So let's investigate and see if the longer term performance of the company has been in line ...
>>> Read more: Those who invested in Mineral Resources (ASX:MIN) five years ago are up 116%