...Since that time I have spent many hours building this specialist banking knowledge up. I think Jim Slater would be proud of me!...
Originally Posted by Snoopy
...And how does Heartland stack up today? I would argue not particularly well with my own principal banking investment ANZ. This is what investing according to the Zulu principle is all about. Building up specialist knowkedge, independent of management spin, and applying it in a comparative sense.
Wrong as always on this thread.
According to our friends at Yahoo finance.Share prices
..................1 year....................2 year...................5 year.
ANZ...........29.85%.............minus 15.96%............36.84%
HBL............39.29%...................12.23%.... ...........231.91.
You keep your under performer,and I will keep my high achiever..
So $10,000 miss placed in ANZ 5 years ago would be worth $13,684.00
Same amount invested in HBL would be worth $23,191.00.
If that 231.91 is meant to be 231.91% you need to redo your sums again percy
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
The value is in the future and while I expect real EPS growth, I do expect 'moderate' (~5%) EPS growth over the next few years.
I hope for better and have allowed for worse (an attack by dinosaurs in spaceships and similar).
Bookmarks