In his previous video, high conviction fundie Stephen Arnold of Aoris Investment Management shared insights around his simplicity-led investment process and why he avoids sectors like banks, materials and utilities. Here, he delves into how he applies his strategy and why quality comes front and centre.
“Price is a poor defence for a bad business and we’re much better off owning a great business at a fair price and not rely on low multiple to generate alpha for us.”
Amid his aversion for large chunks of the market, Arnold offers a glimpse into one company he’s sticking with. This stock has raised its dividend for 56 consecutive years and provides specialised adhesives critical to phones, cars and medical devices.
Quality first, value investing
Aoris follow a common sense approach executed with uncommon discipline. Find out more.