Three high quality companies that can generate real value

Professional investor Christopher Rossbach of J. Stern & Co picks three high-quality companies trading at very attractive prices.

Nvidia headquarters
Nvidia is the leading manufacturer of high-end graphics processing units (GPUs).
(Image credit: © Justin Sullivan/Getty Images)

I’ve just come back from the Berkshire Hathaway annual meeting in Omaha where Warren Buffett and Charlie Munger spoke about their latest investments. Munger famously once said that “micro is what we do, macro is what we put up with”. In other words, investment decisions should be formed by focusing on what companies are doing and what opportunities they are seeing, rather than being swayed by macroeconomic conditions.

This underpins our approach at J. Stern & Co. We look to invest in quality companies that can generate real value over the long term. This year’s stockmarket correction means many quality companies are trading at very attractive prices.

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Chris is a Managing Partner and Chief Investment Officer of tJ. Stern & Co.  Chris is also the portfolio manager of the Firm’s World Stars investment strategy.