Three stocks to buy for the long run

We live in an increasingly short-termist world, awash with information and demands for instant gratification. But successful investing is often about patience. I believe there is an edge to be gained in owning stocks for the long term where no immediate catalyst can be identified.

We seek out quality companies that achieve sustainably above-average returns on invested capital. This attribute is particularly rewarding when combined with growth that allows for a compounding effect, as the cash generated by such companies is either reinvested in the business, or returned to investors for reinvestment.

Identifying such companies isn’t simple, but the real [...]

MoneyWeek magazine

Latest issue:

Magazine cover
A new dawn for energy

Our experts pick the stocks to buy

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

FREE REPORT:
What you should really do with your money (2014 Edition)


How to buy and sell penny shares

A beginner's guide to investing in gold

How to invest in British fracking