A key ingredient for generating returns

Ben Griffiths, Portfolio Manager at Eley Griffiths Group, says the single most difficult aspect of investing is knowing when to sell. To this day he says it is an art that he is still trying to master and one that he believes few investors execute well. “I can’t remember the last person I saw who I could identify as a really good seller. Being a good seller is difficult. I’m also fond of saying that selling a good stock too early is basically as criminal as not being on it in the first place.” With investor enthusiasm driving valuations in a number of 'well-owned' stocks the question of when to sell is likely to be front of mind for many investors. In this video Griffiths explains how he thinks about valuation on these high flyer and shares what he believes is a key ingredient for generating returns.