THE FINANCE GHOST: Shoprite shows the power of focus

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THE FINANCE GHOST: Shoprite shows the power of focus
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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.

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