Investors who’ve steered clear of Lloyds Banking Group (LSE: LLOY) for the last couple of years have been well-rewarded for their scepticism, as the share price has slumped. But one Fool sees a crucial change in the investment story.
Is it too late to buy Lloyds Banking Group plc?
VIDEO: One Fool assesses 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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