Mundy's Moment: Diamonds in the rough
Picking the best of the worst performing companies
Alastair Mundy of Investec and the Temple Bar Investment Trust
We can often detect a discernible hint of curiosity from clients when we mention our list of out-of-favour stocks has grown significantly in size.
What new fish are swimming in our pool? There is a sense they are expecting news of some outrageously high-quality stocks available at bargain prices. Sadly, on seeing the constituents of our 'naïve'...
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