Stock Market Outlook

The companies we own continue to create value at a good pace and are priced at reasonable valuations. The risks that drove the market lower in late 2018 are still lurking in the background, however, so we've been actively managing our exposure throughout 2019. We downgraded our equity exposure to slightly below normal on August 1st, then increased it back to normal on November 1st as valuation and global macro risks eased slightly. We believe investors should have their normal exposure to stocks at this time to ensure they continue to earn returns if the market keeps rising but they also have spare capacity to increase positions should the market move lower.
Read More

Companies we own

These are the companies we've invested our own savings into

High Quality

Adobe
Adobe
ADBE
Buy
Alphabet
Alphabet
GOOGL
Buy
Amazon
Amazon
AMZN
Buy
Amcor
Amcor
AMCR
Buy
Apple
Apple
AAPL
Hold
Carnival
Carnival
CCL
Buy
Facebook
Facebook
FB
Conviction Buy
Inditex
Inditex
ITX
Buy
Marriott
Marriott
MAR
Buy
Mastercard
Mastercard
MA
Buy
NVR
NVR
NVR
Hold
Ryanair
Ryanair
RY4C-DUB
Buy
TSMC
TSMC
TSM
Hold
Union Pacific
Union Pacific
UNP
Buy
Visa
Visa
V
Buy

Higher Potential (but higher risk)

Bausch Health
Bausch Health
BHC
Conviction Buy
IMF Bentham
IMF Bentham
IMF
Conviction Buy
Naspers (Prosus)
Naspers (Prosus)
NPSNY, PRX-NL
Buy
NetEase
NetEase
NTES
Buy
Nexteer Auto.
Nexteer Auto.
1316-HK
Buy
TAL Education
TAL Education
TAL
Hold
Tencent Music
Tencent Music
TME
Buy
Teva Pharm.
Teva Pharm.
TEVA
Buy

Cogent Investing Performance

Find out more