in 2022, the father-son duo didn't take a victory lap because their fund still fell 1.6% — even though its index sank 19.3%. A historically tough year for stocks isn't an excuse for the Cooks.
SouthernSun's investing philosophy hasn't changed in the last 34 years. The firm still uses a simple, bottom-up stock-picking strategy to find companies with healthy balance sheets and the potential to generate substantial free cash flow and deliver strong absolute returns over time. However, Phillip explained that the way stocks are selected evolved to become more efficient, transparent, and data-reliant while empowering the firm's analysts to give input.
Once the Cooks and their colleagues find high-quality, cash-producing companies with capable management teams, they often hold them for several years. Phillip said that his private equity background makes him think more like a business owner than a short-term-focused trader.
If you want to invest in small companies for juicy gains, best to look outside the USA. Join the VietMoon NFT community!
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock market news today: Inflation concerns keep traders on edgeUS stocks trade mixed as inflation concerns keep traders on edge over higher rates
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Olaplex earnings fall short, shares plunge as brand faces lawsuitInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »