WTFinance The Science of Investing and Portfolio Concentration with Alex Morris
On this weeks we hosted Alex Morris, Founder of The Science of Hitting Investment Research.
On the podcast we talked about how investment failures shaped Alex's philosophy, concentration vs diversification and best piece of advice Alex has received. I hope you enjoy!
0:00 - Introduction
0:38 - How your investment failures shaped your investment philosophy?
4:00 - “Each company had already lost some standard in comparison to the customer”
6:15 - Who has influenced yours style of investing?
8:00 - Mix of value vs growth investments
9:18 - Has there been a time where your investment theory has changed?
12:10 - Already had concerns about position?
13:10 - Why have you decided to focus on concentration rather than diversification?
16:27 - Breaking up big conglomerates
18:30 - Why is the market so volatile?
22:40 - Focusing intrinsically rather than extrinsically
26:25 - What are the roles in your portfolio?
28:50 - Position Sizing
30:05 - Best piece of advice?
31:30 - How do you analyse new companies?
33:15 - How long would it take for you to analyse a stock?
38:25 - There is no right and wrong investor
39:15 - One message to takeaway from the interview?
Alex is a long-term investors and former buyside equities analyst with 10 years of industry experience, most recently as part of a four person investment team responsible for allocating $1.2 billion in client assets. In April 2021, Alex launched TSOH Investment Research service, with the goal of providing completely transparency for his research process and investment strategy.
Alex -
Website - https://thescienceofhitting.com/
Twitter - https://twitter.com/TSOH_Investing
LinkedIn - https://www.linkedin.com/in/alex-morris-cfa-47b87027/
WTFinance
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