Buying a New Position in This 171-Year-Old Winner
Fortifying our portfolio with extra boringness
We’re happy to reveal that a new US position is set to be added to the portfolio early next week (3% weighting in our total investment portfolio), on which we’ve touched upon already in a previous post last month.
And whilst we’re not chasing momentum or hypes, this company captures the benefits from evolving technology (without putting shareholder capital at risk). In fact, it’s been sticking to its successful recipe for 170-plus years. We simply love this business: feeling excited about boringness.
