Further Streamlining Our Portfolio

Betting big on winners we've been following for a long time

In one of his recent interviews with Morningstar, UK’s Nick Train (fund manager at Lindsell Train) said that in order to create wealth you need to concentrate.

We wouldn’t disagree.

Currently our portfolio holds 14 stocks of which 5 really small positions. As such, we’re disposing those and reallocating our portfolio even more to winners that we’ve been following for a long time, thereby sticking with our highest-conviction ideas.