Despite central bank money printing and near to zero interest rates capital remains difficult to access for most companies. This is not, however, true for every company. For a small number of companies – we shall call them uncommon stocks - capital has never been cheaper or more widely available. This contrast between companies that have access to capital and those who do not is in our view perhaps the single most important theme of this new economic and stock market cycle. Investing in those companies…
‘Access to capital and the uncommon stock – the true driver of the “nifty fifty” new stock market cycle’
23 Nov 2012
Posted by Barry Norris