The recipe for long-term outperformance
If you want to outperform over the long-term, buying great businesses isn’t enough. Clay Smolinski, Portfolio Manager at Platinum Asset Management, says you need to look for good businesses at great prices.
"The initial price you pay for an investment is the single biggest factor in determining how much money you make".
In this video, he explains how he identifies these opportunities and shares a recent example.
Key points
- Price, rather than quality, is biggest determinant of investment returns
- The best way to find low prices is to look for uncertainty
- Investors need to ask themselves if the situation is as bad as the market thinks
- The real money is made when the uncertainty is resolved and the outlook is corrected.
For further insights from Platinum Asset Management, please click here
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.
1 contributor mentioned
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
This recently triggered market signal has never failed to predict gains
Ophir Asset Management