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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, the Macquarie Group Limited (ASX:MQG) share price is up 60% in the last 5 years, clearly besting the market return of around 19% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining jus...
>>> Read more: Investors in Macquarie Group (ASX:MQG) have seen respectable returns of 90% over the past five years
>>> Read more: Investors in Macquarie Group (ASX:MQG) have seen respectable returns of 90% over the past five years
