You don't have credit card details available. You will be redirected to update payment method page. Click OK to continue.
I have just read Charlie Aitken’s article on TCL, with which I strongly concur. I have also recently read articles on the impending great recession/depression which is about to ravage the world economies, and various ways to prepare for this likely/unlikely event.
Various measures include buying large quantities of gold (the real stuff, not paper) and investing in ‘hard’ assets. My question to Mr Aitken is whether he considers TCL a hard asset, owning as it does many quality roads with a strong moat, and whether this company would be a suitable investment to guard my capital against this depression if and when it arrives.
A: I don’t agree with your analysis that a great recession or depression is impending.
If the great recession does happen, I think Transurban shares would qualify in the medium category rather than hard. Transurban will suffer some decline in revenue as discretionary motor vehicle trips are reduced and the economy slows.
