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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Analysis
9 mins to read

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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Nicholas Bagnall Tue, 10 Nov 2020
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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A deep dive into investing in financial sector stocks
Analysis,Investment,
85511
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