What makes a great company?
Alex Duffy, Portfolio Manager of the Fidelity Global Emerging Markets Fund, sees some common characteristics among the management teams of great companies.
- A deep ownership culture. There’s a desire to “do the right thing” by the customer and create a great product.
- Longevity and depth of management. The company isn’t “a one-man show,” and high-level roles are filled from within the organisation.
- Incentives aligned. Senior management should have equity ownership rather than stock options, and share plans should be longer-term in nature.
“The best companies that I’ve found are those that identify their opportunity set and they don’t worry about the growth rate being a certain level above or below their peer group. They just execute on a good product and they consistently execute on that well.”
In this video, he also explains what characteristics he’s seen amongst the worst companies.
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
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.
Already have an account? Sign in here
Advertisement
Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

Never miss an update
Get the latest insights from me in your inbox when they’re published.
4 topics
1 contributor mentioned
Please sign in to comment on this wire.