Daily Finance – Value and growth investors often invoke the “invest in what you know” mantra. It’s a very shortsighted strategy that could put you into absolutely terrible companies, but it certainly has its merits as well. One interesting thing about it, too, is that its followers invest in those companies they see all over the place and like.
In that same vein, they actively avoid investing in companies they see all over the place and don’t like. I find the company up for discussion today to be just such a no-gooder, and I have never considered it as an investment. But it turns out it’s a heck of a holding and has earned a place in the portfolios of some major fund managers. Let’s see what the all of the fuss is about.
