Two companies with star qualities

Fund managers approach the running of their portfolios in a variety of ways. For example, some may liken it to the running of an elite sporting team where you maximise your capital by having the best players on the pitch (or companies in the portfolio) all the time. Bob Desmond, Head of Claremont Global, says why add to your 20th or 30th best idea when you can add to your No. 1 best idea?

If you do this, and monitor the risks closely, the upside will take care of itself, he says.

In this video, Bob discusses two “star players” in his team: Sherwin Williams – a US-based paint company with a long and loyal history – and Microsoft.

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Claremont Global is a high conviction portfolio of value-creating businesses at reasonable prices. They consider ourselves true stock-pickers and look to avoid owning businesses that depend on a benign or favourable economic environment. To learn more, use the contact button below.