John Thorndike, Tom Hancock, Lucas White, Drew Edwards, GMO
GMO portfolio managers John Thorndike, Tom Hancock, Lucas White and Drew Edwards describe how they’re navigating today’s fraught market, where they see global pockets of relative and absolute value opportunity, and why they see specific mispriced upside in ASML Holding, Constellation Brands, LG Chem, Toppan and Chugoku Marine Paints.
Damon Ficklin, Jeff Mueller, Polen Capital
Polen Capital’s Damon Ficklin and Jeff Mueller explain what “guardrails” they rely on in assessing new ideas, what’s different about the current market downdraft, what advice they’d give to their 12-months-ago selves, how their strategy goes against human nature, and why they expect L’Oréal, Microsoft, Icon and Visa to be long-term investment winners.
Markets still assign higher values to future rather than current cash flows. Therein lies opportunity, says Graeme Forster.
Making the case that digging through this company’s complexity is well worth the effort.
ASML Holding, Chugoku Marine Paints, Constellation Brands, Femsa, Icon, L’Oreal, LG Chem, Microsoft, Toppan, Visa
Other Companies in this Issue:
Adobe, Bayer, Cigna, Coca-Cola Femsa, Estee Lauder, Glencore, Heineken, Jafco, Kosmos Energy, LG Energy Solution, Mastercard, Mitsubishi Heavy Industries, Netflix, PayPal, Petrobras, Shell, SolarEdge, Vale