RE: Spikeyj7 Sep 2016 16:34
no prob, and no offence meant.
you're certainly right that JLG have lots
of different projects on the go around
the world, so there is some *geographical*
diversification built in. but on the whole
they are fairly confined to certain sorts
of investment, as you say infrastructure.
the management here have expertise in
that rather limited, specialist field.
whereas WRN, if they are to be believed,
has claimed it was aiming at substantial
diversification across different *sectors*,
which is in theory more a conglomerate.
(obviously, a major, major difference is that
there are some well audited, public, clear
descriptions of what assets JLG actually has,
& some audited public valuations of these.)
if you like this one for a medium or longer view,
provi is possibly also worth a look on same time
scale, although it's gone up a chunk recently so it
would not be surprising to see +/- £2 in short term.
provi also likely to have decent dependable growth
even in gloomy global growth climate (tho' like any
financial would not be immune to total bank collapse!!)
gl.