Michael Murray: When it comes to buying shares, not all the answers are found in the numbers

More important than anything else these days in a business is governance and the corporate culture

12th February, 2017

We work with all kinds of different people over a lifetime or a career. In my case, what they all had in common was an involvement in finance from several different aspects – writing, lending, investing and regulating.

From one angle or another, analysing financial risks and assessing financial opportunities was central. On one occasion, I heard an observation to the effect that one excellent colleague of mine thought that investment was all about “the...

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