
The Investing City Podcast
Ep. 119 - Sustainable Growth
Jan 14, 2025
Discover the secrets behind sustainable growth and explore companies that have achieved impressive returns, like Pro Medicus and WiseTech Global. Dive into valuable lessons from Mastercard's journey, and learn how to identify firms with low business risk. The conversation also tackles stock allocation strategies and investment challenges, emphasizing the importance of diligent research and psychological resilience. Wrap up with insights on diverse investment approaches that align with individual values, all while navigating the complexities of the market.
55:58
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Quick takeaways
- The importance of identifying high-quality businesses with strong cash flow and market leadership is essential for long-term investment success.
- Valuable lessons from investments in companies like MasterCard and WiseTech Global highlight the need for commitment to sustainable growth despite market volatility.
Deep dives
The Journey of an Investor
The speaker shares their early experiences with investing, beginning at the end of the tech bubble, when initial investments were made in tech stocks. This period provided valuable lessons on the risks of chasing hot stocks, leading to a realization that sustainable profit comes from investing in quality businesses. This realization spurred a shift towards dividend stocks, which ultimately presented challenges during the 2008 financial crisis when even supposedly safe high-yield dividends were cut. The learning curve emphasized the importance of identifying high-quality businesses with low-risk profiles for long-term investments.
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