Forum Archive Index - January 2002

["Mike Hudson" <mikehudson@clear.net.nz>]

My favourite is GPG which I first bought in 1994 and have gradually accumulated ever since. It has returned about 12% per annum on average over that period.

 

I like Sir Ron's and his cohorts style of investing; extensive research, patience, taking positions in undervalued companies and unfashionable sectors. I also like the fact that most of the assets are in the UK which gives a currency hedge (the NZ$ has dropped from 40p to 29p since the middle of 1997)

 

Cheers

Mike H