The fundie seeking stocks that will outperform for the next 40 years

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

It’s been a tough journey for lawyer-turned-fund manager Peter Phan, from being born poor in a Malaysian fishing village to running his business Castlereagh Equity.

partnerships,” says Phan. “The idea is that I only get paid if I can provide value over what an investor can achieve themselves with a passive index fund and no manager.

Investing is his singular passion and what motivates him to research and apply knowledge. “I started off with cheap cigar butts, moving from deep value, and then to value, and then to cash flow, and eventually to long-duration quality,” he says.In his frank speaking way, Phan dismisses his former profession – the law – as toxic, slow-moving, backwards-looking, apathetic, even disdainful, towards advancements in science and technology.

DNA sequencing, synthetic biology, cellular engineering, miniaturisation, microfluidics, robotics, and machine learning are now areas of research and interest for Phan.; its Nasdaq-listed shares are already up 30 times since 2007 to give it a $US52 billion valuation. “The problem is Illumina is now valued at roughly 50 times earnings,” Phan laments.He says a British business spun out of Oxford University named Oxford Nanopore Technologies has potentially superior DNA sequencing tech.

 

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Nice one PhanLawyers !

A lovely story about one of the really good guys! Always helpful & considerate of minnows like me. Polite, charming, very smart and endlessly curious.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

The fundie seeking stocks that will outperform for the next 40 yearsIt’s been a tough journey for lawyer-turned-fund manager Peter Phan, from being born poor in a Malaysian fishing village to running his business Castlereagh Equity.
مصدر: FinancialReview - 🏆 2. / 90 اقرأ أكثر »