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  1. #1
    Advanced Member Valuegrowth's Avatar
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    Default Picking great companies for the long run

    I want to buy at least one great business in each country in the following list using my Kiwi saver fund.

    1. NZ
    2. Australia
    3. Asia which include Singapore,Malaysia or Hongkong
    4. USA
    5. UK


    My criteria

    Good Projected profitability(Future earnings)
    Instrinsic value
    Favorable asset allocation
    Capital structue
    Long term growth or going concern

    What would be your choice? Highly appreciate your analysis.Thank you in advance.

  2. #2
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    Not to sound to churlish... but to save myself reseaching essentially the entire world. I would go:

    1. NZX50
    2. ASX200
    3. SPDR S&P Emerging Asia Pacific
    4. S&P500
    5. FTSE100
    Last edited by Antipodean; 27-05-2023 at 02:23 PM.

  3. #3
    Advanced Member Valuegrowth's Avatar
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    Default

    Thank you Antipodean. Nice choice.
    Quote Originally Posted by Antipodean View Post
    Not to sound to churlish... but to save myself reseaching essentially the entire world. I would go:

    1. NZX50
    2. ASX200
    3. SPDR S&P Emerging Asia Pacific
    4. S&P500
    5. FTSE100

  4. #4
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    Quote Originally Posted by Antipodean View Post
    Not to sound to churlish... but to save myself reseaching essentially the entire world. I would go:

    1. NZX50
    2. ASX200
    3. SPDR S&P Emerging Asia Pacific
    4. S&P500
    5. FTSE100

    Will probably beat everyone elses picks.

  5. #5
    Advanced Member Valuegrowth's Avatar
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    Default

    I want to add few more for my criteria.

    Socially responsible business
    Environmentally friendly business

    Quote Originally Posted by Valuegrowth View Post
    I want to buy at least one great business in each country in the following list using my Kiwi saver fund.

    1. NZ
    2. Australia
    3. Asia which include Singapore,Malaysia or Hongkong
    4. USA
    5. UK


    My criteria

    Good Projected profitability(Future earnings)
    Instrinsic value
    Favorable asset allocation
    Capital structue
    Long term growth or going concern

    What would be your choice? Highly appreciate your analysis.Thank you in advance.

  6. #6
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    Quote Originally Posted by Valuegrowth View Post
    I want to add few more for my criteria.

    Socially responsible business
    Environmentally friendly business
    The only social responsibility of businesses is to produce a profit for their shareholders

  7. #7
    Guru justakiwi's Avatar
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    And quality products and services for their customers.

    Quote Originally Posted by ValueNZ View Post
    The only social responsibility of businesses is to produce a profit for their shareholders

  8. #8
    Advanced Member Valuegrowth's Avatar
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    Quote Originally Posted by justakiwi View Post
    And quality products and services for their customers.
    I admire companies that produce quality stuff and provide
    excellent customer service.
    Last edited by Valuegrowth; 27-05-2023 at 05:24 PM.

  9. #9
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    Quote Originally Posted by ValueNZ View Post
    The only social responsibility of businesses is to produce a profit for their shareholders

    I must say I am pretty impressed with your posts ValueNZ, particularly considering your age.

    You are exactly right. Justakiwis response is a part of how the company will produce a profit. But not their responsibility.

    What virtually everyone forgets in this woke world is that 'Profit' far from being a dirty word, is in fact the best word in the English language.

    And that is because it is simply a measure of how efficiently resources are used to create goods and services that people want to buy (or really swap what they produce for).

    The more billionaires there are means the more cool stuff has been created and produced for the masses to enjoy.

  10. #10
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    Quote Originally Posted by SailorRob View Post
    I must say I am pretty impressed with your posts ValueNZ, particularly considering your age.

    You are exactly right. Justakiwis response is a part of how the company will produce a profit. But not their responsibility.

    What virtually everyone forgets in this woke world is that 'Profit' far from being a dirty word, is in fact the best word in the English language.

    And that is because it is simply a measure of how efficiently resources are used to create goods and services that people want to buy (or really swap what they produce for).

    The more billionaires there are means the more cool stuff has been created and produced for the masses to enjoy.
    Capitalism is incredibly efficient at producing goods and services, but unregulated capitalism is crap at ensuring an equitable distribution of the goods and services produced. Unregulated capitalism inevitably produces and exacerbates inequality and everyone (not only those on the bottom) loses out.

    For me, the issue is not whether capitalism should be regulated, but rahter how and how much.

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