A similar picture emerges with the standard quality equity names in countries afflicted by the eurozone sovereign crisis. For example, Hellenic Bottling (Greece), Luxoticca (Italy) and Kerry Group (Ireland) all followed a similar pattern, outperforming their domestic equity indices and performing the safe haven role vacated by their government bonds
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The picture is Devil's Tower.
2 comments:
John Mauldin and the big guys have done that type of investment. So now the investment news.
Jeff from nyc
I think many investors see large cap dividend stocks (preferably with worldwide exposure to their business)and gold as a suitable investment strategy. The "do thy patient no harm" approach is good enough for many folks who do not have an inclination to search for better portfolio components.
T
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