When the trend is not your friend

Livewire Exclusive

Livewire Markets

When the trend is not your friend. The idea of investing in a trend or thematic is part of the daily market vernacular, but is this just spin? Chad Padowitz, CIO of Wingate AM, believes that the idea of trends can distract investors from the critical ingredients required to select quality companies to invest in. Padowitz notes that over time very few companies succeed. The companies that do succeed tend to be those that are well run, in a good industry and that allocate capital well. Companies such as Coca Cola and Berkshire Hathaway are examples that have done well over time but are not part of a theme or trend. In contrast, if you had invested recent trends in gold funds or Chinese funds you would have done a lot of money.


1 topic

Livewire Exclusive
Livewire Markets

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment