The Zulu Principle: Making extraordinary profits from ordinary shares (Harriman Modern Classics) by Jim Slater
Author:Jim, Slater [Jim, Slater]
Language: eng
Format: epub
Publisher: Harriman House
Published: 2010-12-13T16:00:00+00:00
You will have noticed that I have been fairly dismissive about most of the criteria other than the mandatory ones. Once the attractive PEG is in place, the Chairman’s forecast (or constructed forecast) is optimistic, and the company has a strong financial position and a high rate of return on capital employed, I begin to feel enthusiastic about the shares and take some persuading that I could be wrong. Strangely enough, most of the other criteria do usually drop into place. This is hardly surprising – if a company has a competitive advantage and something new has been happening, you would expect earnings growth to be exceptional.
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