Back in the olden days — that is, before the recent financial crisis — investors often considered all the banks to be essentially the same. The complete wipe-out of several venerable institutions in 2007 to 2008 put paid to that way of thinking, however, and today the differences are plain. In this investing video, Owain Bennallack looks at the difference between Lloyds (LSE: LLOY) and RBS (LSE: RBS).
The Number One Difference Between Royal Bank of Scotland Group plc & Lloyds Banking Group plc
VIDEO: One Fool puts Royal Bank of Scotland Group plc (LON:RBS) & Lloyds Banking Group plc (LON:LLOY) 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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