October 1, 2023

Only the Best Will Do: The compelling case for investing in quality growth businesses

Peter Seilern

As of mid-2023, the author’s fund has beaten the MSCI World index by ~300 bps per annum over the past 27 years. Seilern invests exclusively in ‘exceptional’ companies – “only the best is good enough,” he writes. There are only ~60 or so global companies that meet his strict quality requirements, which include strong balance sheets, high ROICs, market leadership in growing industries, and a sustainable competitive advantage. His portfolio then includes 25-30 “reasonably priced” quality companies.

Get book