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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 Spark New Zealand Limited (NZSE:SPK) share price is up 40% in the last 5 years, clearly besting the market return of around 5.5% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining...
>>> Read more: Spark New Zealand (NZSE:SPK) shareholders have earned a 14% CAGR over the last five years
>>> Read more: Spark New Zealand (NZSE:SPK) shareholders have earned a 14% CAGR over the last five years
