Foxtons (LSE: FOXT) and Berkeley Group (LSE: BKG) shares are soaring in the wake of the Conservatives winning a majority. Does this mean investors think the Tory government will be particularly profitable for the rich clientele of these companies? Perhaps, but there’s probably more to it than that…
Why Foxtons Group PLC And Berkeley Group Holdings plc Shareholders Are Toasting The Tory Election Win
VIDEO: One Fool takes a closer look at Foxtons Group PLC (LON:FOXT) and Berkeley Group Holdings plc (LON:BKG)
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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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