-- His view: Stocks are pricey, keep some cash on hand to invest when valuations become reasonable.
-- Invest in more global franchise companies where there is limited specific country level risk, companies like Nestle (NSRGY).
-- Currently holding 20% cash.
-- We will wait for dislocation before starts investing again.
-- Also looking at some distressed opportunities in Europe.
-- Most important factors they consider when deciding on investment: strong business model, little or no debt.
Credit and source: www.bloomberg.com, Bloomberg
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