Monday, January 11, 2016

On Second Thought - ANZ

Not a great return over 10 years for ANZ shareholders, despite the credit boom, (and bust) and boom again. There's a bit more to the story than me being snarky, and at least a juicy dividend was paid the whole time - minus a capital raising or two. 

Australian banks used to be the dead cert. Looking at this, not so much. 


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