What Wealthy Investors Are Buying | Summary and Q&A

TL;DR

Elissa Bayer, an asset manager, discusses her three favorite stocks: Apple, British American Tobacco, and GlaxoSmithKline.

Key Insights

• 👶 Apple's ability to sustain new products, unique marketing, and growth prospects contribute to its success.
• 💐 Tobacco companies like British American Tobacco and drink companies provide consistent cash flow and dividends due to continued demand.
• ✋ High-yielding stocks like GlaxoSmithKline become attractive in markets with limited yield options.

Transcript

hello I'm David quo and with me today is Elissa Bayer asset manager at Williams de bro who's going to be telling us about three of her favorite stocks I've got them written down here but I'll let elisssa take us away with a very first one that begins with the letter A my my first stock is Apple um which I'm really pleased about because obviously wh... Read More

Questions & Answers

Q: Why is Elissa Bayer optimistic about Apple?

Elissa Bayer believes Apple has a capable management team, unique marketing, and a focus on new product development, which makes it a strong and growing company.

Q: What concerns Elissa Bayer about Apple paying a dividend?

Elissa Bayer doesn't see the dividend as a bad thing but believes it might limit the phenomenal growth seen in the past. However, she still considers Apple a great growth story.

Q: Why does Elissa Bayer dislike Facebook as a stock?

Elissa Bayer doesn't think talking alone is a viable concept to generate revenue. She believes Facebook's success benefits its founders and employees more than investors due to the lack of tangible products.

Q: What makes British American Tobacco and drink companies favorable to Elissa Bayer?

Elissa Bayer believes British American Tobacco and drink companies like SABMiller consistently generate cash and provide good yields. Despite increasing prices, people continue to smoke and consume drinks, ensuring sustained growth and dividends.

Summary & Key Takeaways

• Elissa Bayer praises Apple for its ability to sustain new products, excellent marketing, and growth prospects.

• She believes British American Tobacco and other drink companies will continue to grow and provide consistent dividends due to the demand for tobacco and drinks despite increasing prices.

• Elissa Bayer also mentions that GlaxoSmithKline's high-yielding stocks are valuable in current markets with limited yield options.