to slow, dragging the S&P 500 to 3,900 by year-end, down 11% from 4,362 on Tuesday.
The risks he's more worried about are the cyclical headwinds and tailwinds that impact specific industries, especially those he invests in. "With the concentration and the long-term orientation, we're typically only making two or maybe three new investments per year," Macauley said."And so we could be really selective in the types of businesses that we look at. We can conduct a lot of fundamental research on those companies, and we could be patient looking for the right entry and exit points."
An attractive growth opportunity; his picks typically have a small market share in a large market and are well-positioned to gain market share.They are reasonably priced and have a high probability of compounding at a mid-teens rate or a 15% compounding of earnings-per-share or cash-flow conversion.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AI Investing is 'Becoming Irrational:' Why 4 Investors are Cautious'AI excitement is becoming irrational': 4 Wall Street strategists break down why investors should proceed with caution around artificial intelligence stocks as hype around the technology grows
Source: BusinessInsider - 🏆 729. / 51 Read more »
Paul McCartney says AI has been used to make 'final' Beatles songPaul McCartney says AI has been used to help create a 'final' Beatles song, which features John Lennon's voice
Source: BusinessInsider - 🏆 729. / 51 Read more »
How to improve your public speaking through positive body languageInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
AI doctors are going to make healthcare better and more caringIn a recent head-to-head test, AI bots had a surprising superiority in one of the most intrinsically human of all activities: serving as a doctor. jetjocko considers a new study that favors ChatGPT over human doctors. ⬇️ longreads A UCSanDiego research team lurked on a Reddit forum where verified healthcare professionals answer people's medical questions & fed these questions to the bot ChatGPT. A separate group of healthcare experts blindly evaluated both AI and MDs answers.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Twitter CEO Linda Yaccarino sparks heated 'Enter Twitter 2.0' debateInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »