After an eventful two years, has my quality screen beaten the market?
Two years ago I created a screen to look for potential quality compounders – those rare high-quality companies that can generate consistently high returns for many years, reinvesting their profits successfully and potentially delivering long runs of market-beating growth. The intervening period has seen periods of elevated volatility and some unexpected events. In this piece I want to look at the performance of my original selection and consider how this might be improved. A quality compounding... Читать дальше...