The September 2021 Quarterly Report and video update below provides the latest information on the performance of PM Capital's portfolios, investment activity and market outlook.
In this video update, Paul Moore, Chief Investment Officer and Portfolio Manager, Global Strategies, discusses:
- The sectors currently experiencing the largest valuation anomalies
- Why you shouldn’t let oscillations in the market distract you
- The importance of valuation and patience
- The irony of industry self destruction
“Investing is about buying at a discount to intrinsic worth and selling at a premium. That is how you accumulate wealth. Selling at a discount and buying at a premium is the most tragic investment decision one can make!”
September 2021 Quarterly Report
