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Bargain hunting

ThompsonS

Bargain hunting

"To achieve satisfactory investment results is easier than most people realise; to achieve superior results is harder than it looks." Those sage words from the grandfather of value investing, Benjamin Graham, will ring a chord with most investors, myself included. In fact, although my annual Bargain Share Portfolios have managed to beat the FTSE All-Share in all bar one of the last 12 years, and by an average of 15.6 per cent a year, it is fair to say that active portfolio management has contributed considerably to the above-average returns in recent years.

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