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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 Wesfarmers Limited (ASX:WES) share price is up 77% in the last 5 years, clearly besting the market return of around 23% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 35% in t...
>>> Read more: Wesfarmers (ASX:WES) shareholders have earned a 17% CAGR over the last five years
>>> Read more: Wesfarmers (ASX:WES) shareholders have earned a 17% CAGR over the last five years
