, where she manages global portfolios with over $6 billion in assets. She thinks information that everyone has isn't worth having.
"Collecting information is not a source of alpha, connecting information is a source of alpha," Bhansali told Business Insider in an exclusive interview. "If you can have a correct, non-consensus point of view there's a lot of money to be made, without taking a lot of risk."" In her view, connecting the dots and going against the grain will lead to the biggest windfalls.
Instead of staples, she advises that investors find consumer discretionary stocks that are actually defensive in nature. And she singles out the French tire maker"There's nothing discretionary about replacing your tires," she said. "You've got to do them every couple of years, every couple of miles."
She adds that the genius of tires is they are much harder to counterfeit than designer handbags, for example. This gives companies like Michelin considerable pricing power, especially for theThe defensive nature of tire manufacturers boils down to our dependency on them to commute, whether by electric vehicles, gasoline-fueled cars, public transit, and even aircrafts. That's where her recommendation for telecom stocks comes into play.
She also finds telecom stocks attractive for the plurality of companies that have net-cash balance sheets and high dividend yields.
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