Ben Clark on Ausbiz: Three founder-led stocks | TMS Private Wealth
.jpeg)
Founder-led investing has copped some bruises this year, but Ben Clark isn't walking away from it. In this interview with Ausbiz's Nadine Blayney, Ben makes the case for backing the most driven and incentivised people in the market, and names three founder stocks on the TMS buy list.
In this interview:
- What WiseTech and Mineral Resources taught TMS about founder risk, and why things can spiral faster when a founder stumbles than when a traditional CEO does.
- Macquarie Technology, where David Tudehope still owns 41% and has grown earnings for 20 consecutive halves, now trading at a serious discount to its data centre peak.
- Pinnacle, where a one-on-one with the humble and still driven Ian Macoun preceded a rare chance to buy the dip.
- Telix, the prostate cancer treatment leader growing revenue at 50%+ with three more products in the pipeline.
- And a look inside the TMS process: 20 to 25 stocks held, another 20 on the bench, and years of listening before buying.
Companies discussed: Macquarie Technology (MAQ), Pinnacle (PNI), Telix Pharmaceuticals (TLX), WiseTech Global (WTC) and Mineral Resources (MIN).
Originally broadcast on ausbiz.
If you'd like a conversation about how your portfolio is positioned, or a second opinion, our team is always happy to talk.
General Advice Warning: The site may contain, or may be linked to, investment reports, options, estimates, recommendations and other information (Information). However, such information comprises general securities advice only and has not been prepared taking into account the particular investment objectives, financial situation and needs of any particular person. You should carefully assess whether such information is appropriate in light of your individual circumstances before acting on it. TMS Capital Pty Ltd strongly recommends that you seek independent advice from a qualified professional before acting on any of the information contained on this Site or any other website on the Internet.
