Inside a Billionaire's Portfolio - A Conversation with Ron Baron
How do you not love his investing philosophy which he breaks down as being:
- Invest for the long term
- Invest in businesses with big growth opportunities
- Invest in businesses with competitive advantages which make it difficult for other people to do what they are doing
- Invest with good management teams
The average holding period for the stocks currently in Baron's portfolio is six or seven years. Now that is a refreshing change!