Bruce Greenwald on boring ugly stocks. He gives one example of this type of equity, Nestle. He thinks that their operating leverage allows them to grow revenue much quicker than other companies. He thinks that even if multiple does not grow, the company should return 10-11% and has very low risk. Previous videos of Bruce Greenwald can be found here Bruce Greenwald: China To Get Ugly, Europe Is Turning Into Japan.
Qualivian Investment Partners Up 30% YTD; Long ORLY Thesis
Qualivian Investment Partners commentary for the second quarter ended July 30, 2020. Q2 2020 hedge fund letters, conferences and more “Short-term investors will accept a 20% gain because they didn’t spend the time to develop the conviction and foresight to see the next 500%.” - Ian Cassell Executive Summary Readers of investment letters fall into Read More