NZS Capital: Microsoft and TSMC anchor resilient portfolio with ~10% turnover
John Bathgate · Complexity Investing & Semiconductors with NZS Capital (Extended Cut) · Acquired · Nov 3, 2021 · at 17:32
John Bathgate of NZS Capital explains the firm's portfolio construction and holding philosophy to David Rosenthal and Ben Gilbert.
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“And so this would be a company like companies we own in the head of the portfolio, be someone like a Microsoft or a TSMC where we're not looking for like value stocks or kind of like cheap companies. We're looking for companies that are healthy growers that we think can durably grow for the next, you know, 30 years and our turnover in this half of our portfolio is around 10%.”
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