Investing styles: marching to a different drum

Mon, 18 Jan 2021

When fund managers start talking about what they're expecting to happen in financial markets in the future, they usually start with macroeconomic forecasts.Then they extend those forecasts to the likely impact on different sectors of the economy before starting to talk about specific investments.But Fisher Funds portfolio manager Sam Dickie skips the macro stuff and starts talking about individual stocks, their "moats," or how vulnerable to competition they are, and their "runways for growth.""Across the board, we&#...

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