How to invest like a Rich Lister and beat the market

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 90%

Business News News

Business Business Latest News,Business Business Headlines

There are 37 listed stocks linked to Rich List members, and their ability to deliver above-market returns is impressive.

The annual publication of the Rich List prompts many different responses, typically starting with envy. But it should also send investors scrambling to see if their portfolios need a bigger sprinkling of Rich List magic.is out of the reach of most mere mortals, mum and dad investors can ride on the coat-tails of our top entrepreneurs by buying stock in their listed companies.

This year, 49.2 per cent of the top 20’s wealth came from listed sources, including Mike Cannon-Brookes and Scott Farquhar’s stakes in software giant Atlassian, Nicola Forrest and Andrew Forrest , Ivan Glasenberg , Richard White , Kerry Stokes , and Vivek Chaand Sehgal . Chris Ellison’s Mineral Resources delivered whopping 380 per cent and 606 per cent returns over five and 10 years, while Brett Blundy’s affordable jewellery retailer Lovisa has delivered an incredible 1353 per cent return over the past decade.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

APE ASX: Nick Politis times the market like a Rich ListerThe automotive billionaire sold a portfolio of dealerships to ASX-listed Eagers last year. Now, the company’s share price is down 30 per cent.
Source: FinancialReview - 🏆 2. / 90 Read more »