Buy Hold Sell: 2 high-conviction fundies analyse each other’s top picks

2024-07-26

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There are many market maxims that investors hold close to their hearts. Here are just a few of them: It's time in the market not timing the market. Buy the rumour, sell the fact. Be fearful when others are greedy. Be greedy when others are fearful! It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong. But perhaps one that should also be added to the list is "Two views make a market" - highlighting that to buy shares ...

There are many market maxims that investors hold close to their hearts. Here are just a few of them:

It's time in the market not timing the market.
Buy the rumour, sell the fact.
Be fearful when others are greedy. Be greedy when others are fearful!
It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.

But perhaps one that should also be added to the list is "Two views make a market" - highlighting that to buy shares in a company, someone has to be willing to sell them - and vice versa.

So in this episode, Livewire's Ally Selby was joined by Loftus Peak's Alex Pollak and Magellan's Alan Pullen for a bit of a challenge.

We've tasked our fund managers to analyse each other's highest-conviction ideas in their portfolios today - including stocks like Netflix (NASDAQ: NFLX), Meta Platforms (NASDAQ: META), Amazon (NASDAQ: AMZN) and SAP SE (NYSE: SAP).

Plus, they also each name a stock that they would dub a high-conviction "SELL". As you'll soon find out, both of these stocks have sunk into the red in the past week.

Note: This episode was filmed on Wednesday 17 July 2024. You can read an edited transcript below.

https://www.livewiremarkets.com/wires/buy-hold-sell-2-high-conviction-fundies-analyse-each-other-s-top-picks/

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