Attributes of an outstanding investment
Short-term wins make great headlines, but it's the long-term wins that make a real impact on a portfolio. Superior long-term compound growth is one of the key tenets at VGI Partners. Managing Partner, Robert Luciano, identifies lubricants manufacturer, WD-40 as an example of a superior long-term growth opportunity.
Though the market capitalisation has grown from US$350M to US$1.5B in the seven years VGI Partners have held the stock, the attributes that make it a great investment remain:
- WD-40 is asset-light, with only 2 manufacturing employees and minimal CapEx requirements
- WD-40 has a strong brand that is recognised by consumers around the world
- The company is scalable, having successfully expanded into specialist lubricant categories such as bicycles and boats.
Watch the video above to learn more about what makes an outstanding long-term holding.
Invest with VGI Partners
The VGI Partners Global Investments Limited IPO is now open. For more information, please visit the company website.
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.
Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.
Please sign in to comment on this wire.