THE FINANCE GHOST: Shoprite shows the power of focus

📆 27/11/2022 11:30:00
📰 FinancialMail

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The retailer is a classic example of a business that lost its focus, then found it — with a corresponding fall and rise in its share price, writes FinanceGhost.

There are those who prefer to have a highly concentrated portfolio of investments, backing themselves to consistently pick winners and avoid major losers. If it works, it works beautifully.

But if a 20% position goes wrong, returns are ruined for a long time...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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