The Chancellor George Osborne put the brakes on the great Lloyds (LSE: LLOY) share sale in January, but now a Treasury mandarin has confirmed it’s back on for this year — even with the share price languishing below the Government’s breakeven level.
Treasury: “We’ll sell Lloyds Banking Group plc at any price”
VIDEO: One Fool digests the latest on the Treasury’s sale of 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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