Investing in Stalwarts

If my portfolio one day is all stalwarts I would love that. It's just a matter of buying them at the right price. This could be like your billionaire basket to kind of the thing the billionaire basket that you talk about. So why don't you talk about the risk that you look out for with stalwarts. Their modes can be eroded and instead of getting a safe five to six percent return you can find yourself at a loss in some cases. If you have an expert capital allocator as your manager at a stalwart like apple and what Tim Cook has done with his buybacks and dividends, you can get a lot better return than just fifty percent in a few years.