As markets keep going up investors have to get a little more picky with their investment choices.
David Winters likes to focus his investments on "repeatable behavior." Behavior like people wanting to have fun and feeding their children.
One of his favorite stocks is Jardine Matheson which he says has the perfect trifecta. A good business, a good price and a good management team.
Long term, Winters thinks he has to believe in China doing well. The country has a billion and a half people all striving to have a more "Western" style of life. Winters plays China by investing in luxury items that the growing middle class in China will be buying more of.