In episode 29 of Stocks Neat Co-Portfolio Manager Gareth Brown and CIO Steve Johnson discuss several investing maxims, and how these might apply to portfolio positioning in prior and current markets.
Topics covered include cleaning portfolios to include only high conviction ideas, selling when you can, maintaining cash in the portfolio, how to deploy cash in a downturn, and identifying diversity breakdowns that result from cross-sector correlations.
Additionally, Gareth and Steve analyse some recent portfolio changes and the driving factors behind these shifts, before responding to a couple of questions sent in from listeners.
Listen to the full episode to find out more.
“I think you can deploy your cash first and then you can start thinking about recycling from more defensive, resilient businesses into some things that are offering higher prospective returns. Getting increasingly aggressive about that as you go through that part of the cycle.”
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