In the Selector December 2017 Quarterly Newsletter we review performance and attribution.
The structural changes that the world is forcing on business should be a key point of investor concern. In most instances, this will inevitably lead to significant business realignment. In our review of the book “Red Teaming”, we touch upon this and the pitfalls of failing to identify the shifts. We follow this up with an article titled “The Fat Pitch”, reflecting on the need for investor patience when contemplating new opportunities. During the quarter, we undertook many site visits, including company organised investor days. We share our thoughts on one such tour in our, “Travelling” article and explore how science research is evolving.