It’s been a very tough year for Tesco (LSE: TSCO), but now it seems Tesco Bank is compounding the supermarket giant’s annus horribilis with news that it’s set to compensate some 175,000 customers for breaching the 1974 Consumer Credit Act…
Bank Blunder Adds To Tesco PLC’s Woes
VIDEO: One Fool puts Tesco PLC (LON:TSCO) under the spotlight.
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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