Stock investing tips, 4 surprise picks from top-ranked fund managers - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The managers of a stock fund that's ruled the world for 20 years tell us how they take advantage of devastating market shocks — and reveal 4 surprising bets for the next 10 years

Matthew McLennan is one of the managers of the First Eagle Global fund, one of the most successful worldwide stock funds of the past 20 years.simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

Matthew McLennan and Kimball Brooker detail the stocks they expect to outperform for the next decade, along with the challenges that have made them an appealing opportunity. Co-manager Matthew McLennan has had a long time to practice that approach because he's been leading the fund since September 2008, when global markets were in chaos as a result of the Global Financial Crisis that kicked off the Great Recession. He explained his approach this way:

McLennan and his longtime co-manager Kimball Brooker say they've put that philosophy into play throughout the last decade, focusing on companies with strong balance sheets that are managed for the long term. They say their process that involves more "humility" than making long term forecasts about GDP growth and index targets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nancy Pelosi discloses her husband spent $5.52 million on Amazon, Facebook stock - Business InsiderNancy Pelosi disclosed a $4.8 million purchase of Amazon shares and $720,000 purchase of Facebook shares in a filing Tuesday. Smart Surprise Surprise the net is closing in They must be happy with Trump’s admin.
Source: BusinessInsider - 🏆 729. / 51 Read more »

SoftBank's profits nosedived 99% last quarter. Here's why its stock went up 12%. - Business InsiderThe Japanese tech giant suffered from its bets on Uber and WeWork, but investors cared more about a judge approving the Sprint and T-Mobile merger.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market live updates: Dow turns negative, Trump blames Powell for fall, Boeing dropsLive updates of what's moving the market, including the latest on Under Armour, the coronavirus and the Fed.
Source: CNBC - 🏆 12. / 72 Read more »