This interview with Stephen is a cracking 40 minutes, well worth your time.
Stephen gives great insight on the macro economic environment investors face today, and where he sees the opportunities. He talks about some criteria for his stock selection, illustrated with examples. He discusses catalysts for selling. He discusses the changes to the market structure. He spots the themes illustrating where public markets are, in some instances, priced cheaper than private markets, which can mean PE buying listed companies too cheaply. And much, much more.
What are your views on the macro picture for investors? – 00:20
What’s your strategy to take advantage of this macro picture? – 04:29
Growth stocks: what PE are you prepared to pay? - 09:12
Weighting of growth stocks? - 12:28
Which part of your portfolio are you uncomfortable with? - 16:09
What’s your timing on holdings? - 20:21
Which sectors are ripe for Private Equity now? – 25:24
Where do you think we are at in the tech cycle? – 27:23
Where are the opportunities in tech? – 33:33
About Stephen English:
Stephen joined Blankston Sington in 2002 and works as an analyst generating research and investment recommendations across large and mid-cap companies as well as collective investment funds. Stephen is also responsible for selecting stocks in the Inheritance Tax Portfolio, comprised of AIM listed companies, which has been successfully managed since its inception in 2010.
Stephen is a Chartered Fellow of the Chartered Institute for Securities & Investment (FSCI) and also holds the Chartered Financial Analyst® designation (CFA®). The CFA® designation is globally recognised and attests to a holder's success in a rigorous and comprehensive study program in the field of investment management and research analysis.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
https://www.blankstonesington....
Further, if you haven't seen it, watch Stephen's presentation at Mello, here. Highly recommended.
Really interesting interview with a lot of thought-provoking ideas and a new acronym: FANMAG describing 6 companies with a combined size bigger than most stock exchanges.
...And an interesting take on Brexit as well!
