Keith Trauner is a former portfolio manager at the Bruce Berkowitz-run Fairholme Fund and is a value-focused manager.
Trauner believes that investors need to be aware that the current ultra-low interest rate environment is not a permanent condition.
Therefore he likes companies that are not heavily leveraged. In a rising interest rate environment companies with significant debt are going to suffer as annual interest expenses increase.
In the video below Trauner provides some specific examples.
Trauner believes that investors need to be aware that the current ultra-low interest rate environment is not a permanent condition.
Therefore he likes companies that are not heavily leveraged. In a rising interest rate environment companies with significant debt are going to suffer as annual interest expenses increase.
In the video below Trauner provides some specific examples.
