Yen Liow, Aravt Global; C.T. Fitzpatrick, Vulcan Value Partners; Christopher Smith, Artisan Partners; Dev Kantesaria, Valley Forge Capital Management; Andrew Brenton, Turtle Creek Asset Management
Time-tested investors Yen Liow, C.T. Fitzpatrick, Christopher Smith, Dev Kantesaria and Andrew Brenton describe the opportunities and challenges they see in today’s investing environment, how they stay prepared for adversity, and why they believe current holdings Five Below, Curtiss-Wright, Zoetis, Fair Isaac and Jen-Weld deserve particular mention.
Arman Gokgol-Kline, Trevor Magyar, Chase Sheridan, Ruane Cunniff & Goldfarb
Ruane, Cunniff & Goldfarb’s Arman Gokgol-Kline, Trevor Magyar and Chase Sheridan explain why they’re okay with spending months on a potential idea that might go nowhere, how they’ve tried to upgrade a venerable strategy and process, and why they see mispriced value in Charles Schwab, Universal Music, CarMax and Intercontinental Exchange.
Many investors emphasize hitting for average over hitting for power. Why Christopher Smith argues that emphasis is misguided.
“If you’re picking a jockey to bet on, this would seem to be a pretty good choice.”
Cadre Holdings, CarMax, Charles Schwab, Curtiss-Wright, Fair Isaac, Five Below, Intercontinental Exchange, Jeld-Wen, Universal Music Group, Zoetis
Other Companies in this Issue:
a2 Milk, Alimentation Couche-Tard, Amazon, Anthem, ATS Automation Tooling, Bakkt, Carvana, Evolution Gaming, Facebook, General Electric, Mastercard, Micron Technology, Nvidia, Palo Alto Networks, Prosus, Semler Scientific, Taiwan Semiconductor, Tencent