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- 13 August 2006
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I was looking at PPT's results presentation the other day. It has the line something like:
"If you had invested $50,000 in Perpetual 10 years ago, it would now be worth over $1,000,000"
Don't you just hate it when they say something like that. Makes you think -Well, why wasn't I smart enough to do that? Then you try and think - What can I buy now that will put me in that position 10 years from now.
I'll try and pick stocks that will give me a good return over 10 years, but if I get any with those sort of super high returns it will really just be luck!
Ferret
"If you had invested $50,000 in Perpetual 10 years ago, it would now be worth over $1,000,000"
Don't you just hate it when they say something like that. Makes you think -Well, why wasn't I smart enough to do that? Then you try and think - What can I buy now that will put me in that position 10 years from now.
I'll try and pick stocks that will give me a good return over 10 years, but if I get any with those sort of super high returns it will really just be luck!
Ferret