STUART THEOBALD: Politics is the stick in the wheel of shares
08 March 2020 - 18:43
Remember when we cared about company strategy and the quality of management? Last week I stumbled across several decade-old notes I had written analysing JSE-listed shares. I was struck about how things have changed. Then I thought it was important to understand those things as part of forecasting future returns.
It seems like another era. Now the thing that most affects their prospects is politics...
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