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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, the Rio Tinto Group (LON:RIO) share price is up 46% in the last 5 years, clearly besting the market decline of around 6.2% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 29% , including dividends .
So let's assess th...
>>> Read more: Investing in Rio Tinto Group (LON:RIO) five years ago would have delivered you a 133% gain
So let's assess th...
>>> Read more: Investing in Rio Tinto Group (LON:RIO) five years ago would have delivered you a 133% gain