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0.11% $8.78 argo investments limited

investment question, page-4

  1. kevinst
    15 Posts.
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    09/06/09
    16:00
    Post #: 5257600
    I too am looking at buying some quality LICs, as a novice in this area, I have a couple of questions:

    Is there merit in selecting the LICs with a discount to NTA just for the sake of value and security? Are the premium LICs that much better than those with discounts? I presume the answer is yes, buy why? My guess is: better management and stock picking skills that leads to higher return, am I right?

    As always, thanks in advance to the experienced old hands out there.
    ARG Price at posting: $6.07 Sentiment: None Disclosure: Not Held
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