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198: The Case For Active Equity Investing – A Fund Manager’s Perspective

The Bid

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The Thrill of Active Equity Investing and Long-Term Growth

This chapter explores the dynamics of active equity investing, focusing on the pursuit of long-duration compounding companies. It uses Bernard Arnault and LVMH as a case study to underline the potential for extraordinary returns through strategic investment and emphasizes the balance between seizing opportunities and exercising patience for long-term gains.

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