The big listed supermarkets Tesco (LSE: TSCO), Sainsbury’s (LSE: SBRY) and Morrisons have had a torrid time of it for the past couple of years, but the one thing they have been able to bank on for decades is that we will spend ever more money at the tills each year. Until now, that is…
The One Deadly Number for J Sainsbury plc And Tesco PLC
VIDEO: One Fool puts Tesco PLC (LON:TSCO) and J Sainsbury plc (LON:SBRY) 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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