Warren Buffett has frequently cited compounding as a critical tool in building his wealth, but he certainly isn’t alone. At the Quality – Growth Investor Conference in London on Sept. 21, Alan Christensen of Fayez Sarofim & Company also credited compounding as a key basis for their investing strategy, noting that Albert Einstein had dubbed compounding “the eighth wonder of the world.” He added that compounding’s effects start to pick up in year five and really start to roll in year seven, so it requires fund managers to let names run so the compounding effect can do its work. Because…
Why This Under-The-Radar Energy Play Could Be Considered A Quality Growth Stock
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.
