Growth stocks naturally tend to command premium valuations to reflect their attractive earnings profile. While growth lasts, all is well. Any unexpected halt, however, can be painful as investor expectations are reset. Using Tesco as an example, this White Paper attempts to demonstrate how long-term investors can spot a future stall in order to sell out in time.

What is quality at its core? What ESG methods are there to measure it? Is “quality" simply in the eyes of the beholder?

Unraveling the mystery of the "long-term growth conundrum” requires thinking in a dynamic rather than static way in order to understand that value, while potentially unstable, can evolve and increase overtime.

For investors it makes sense to have patience in equity investing and to focus on the micro strengths of companies instead of macro ‘insights’ of the market at large.

Business models and investing strategies can be classified the same way: those that are coarse and able to withstand shocks, and those that are highly tuned to do very well in a specific set of circumstances, but poorly in others.