“We started the year on edge, but Powell has shown that the Fed will be accommodative,” said Brian Yacktman, President and Chief Investment Officer with YCG Investments…Yacktman said some of the concerns about China may be overdone. He noted that even though Apple has been hit by weaker demand for iPhones in China, other consumer companies are holding up well, such as Starbucks (SBUX), luxury giant LVMH (LVMHF) and cosmetics comapny L’Oreal (LRLCF). His firm owns stakes in LVMH and L’Oreal.
- ►2019 (6)
- ►2018 (2)
- ►2017 (1)
- ►2016 (2)
athletic shoes attractive risk-adjusted returns banking Brian Yacktman bull case for Copart bull case for stocks capital lite conservatively levered consumer and business services cosmetics credit ratings Elliott Savage Estee Lauder family owned business global brands global investing high inside ownership high market share information filter innovation and disruption interest rates investment process L'Oreal long-term volume growth opportunities luxury goods market-timing mispricing market downturn market psychology market volatility network effect online search owner operator payment processing people filter pricing power purchasing power real estate brokerage recession-resistant business return-free assets rising global wealth risk-free assets shareholder minded management team stock market declines Will Kruger yacktman