The Lloyds (LSE: LLOY) share price recently hit a 12-month high, but within 48 hours it had slid 5% again. Over the same time frame, the government announced it had sold another £500m worth of the tax-payers huge stake in the bank… coincidence? One Fool thinks not!
Is The Government Depressing The Lloyds Banking Group plc Share Price?
VIDEO: One Fool takes a closer look at Lloyds Banking Group plc (LON:LLOY).
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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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