After 10 Years How long is the long-term? Most people probably say 10 years. It was 2013. China’s stock markets were even more depressed than today. Shanghai Stock Exchange Index was trading at 9.0x (it closed at 11.7x in 2023).
Very interesting and darn impressive! You said these 10 names were picked "rather randomly" yet these represents 10 names that you'd own over ten years - so it sounds like a pretty selective group to me. How to reconcile this? Curious to hear your criteria and what kind of qualitative insights, if any, went into the selection. Thanks!
Interesting piece! Would love to hear how the team thinks about this stock picker from a manager selection perspective based on your selection framework.
Very interesting and darn impressive! You said these 10 names were picked "rather randomly" yet these represents 10 names that you'd own over ten years - so it sounds like a pretty selective group to me. How to reconcile this? Curious to hear your criteria and what kind of qualitative insights, if any, went into the selection. Thanks!
Interesting piece! Would love to hear how the team thinks about this stock picker from a manager selection perspective based on your selection framework.