A deep dive into investing in financial sector stocks
Margin Call: Markets are downplaying the attractions of banks and insurers.
As a teenager new to investing in the sharemarket in the mid-1980s, I remember having a conversation with a stockbroker who talked me out of my idea of buying ANZ shares. I had observed that they were trading at a discount to book value, and on a price/earnings multiple of just 5.5 times, but the
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