The only ASX stock with a return on equity of over 50% Posted in News from the Network by Livewire Markets on July 28th, 2023. Tim Carleton, the Chief Investment Officer at Auscap Asset Management and HM1 Conference Fund Manager, was recently interviewed on "The Rules of Investing" podcast, hosted by Livewire Markets. Tim reveals two stocks from the Auscap Long Short Australian Equities Fund. One of these stocks stands out impressively as the sole ASX-listed company with a return on equity above 50%. While the other is Carsales, Tim's 2022 Conference stock pick, showcasing its competitive advantage in the market. Tim also discusses why he's steering clear of the tech and energy sectors, his expectations for the upcoming earnings season, and why lithium is a crowded trade (yet remains invested in it). Disclaimer: This material has been prepared by Livewire, published on 28 July 2023. HM1 is not responsible for the content of linked websites or content prepared by third party. The inclusion of these links and third-party content does not in any way imply any form of endorsement by HM1 of the products or services provided by persons or organisations who are responsible for the linked websites and third-party content. This information is for general information only and does not consider the objectives, financial situation or needs of any person. Before making an investment decision, you should read the relevant disclosure document (if appropriate) and seek professional advice to determine whether the investment and information is suitable for you.
