New LIC floats have become a regular feature on the ASX over the last few years, but it’s not always been that way. Wilson Asset Management listed its first LIC in 1999, so Geoff Wilson AO’s seen all this before. In today’s podcast, we have an in depth chat with Geoff about picking stocks, buying LICs, and finding great fund managers.
“Over my time in the industry, I’ve learned that the greatest correlation of a share price with anything is with earnings per share growth.”
Tune in to hear Geoff share the story of their investment in ABC Learning, and more importantly, how he and Matthew Kidman knew it was time to sell when the share price was close to its peak. He also discusses how investors can access one of the world’s most accomplished investors, while only paying 80 cents on the dollar for the privilege.