Reflections on Reporting Season
The team at Contact Asset Management welcomes Reporting Season as it allows us to spend more time considering the fundamental qualitative and quantitative characteristics of our investments and hearing from management. We find it intriguing that market commentators continue to place a heavy emphasis on macroeconomic factors, especially considering the track record of significant forecasting inaccuracies. We think that the best way to handle the macro is to handle the micro. This is where we believe the key lies: identifying and maintaining positions in high-quality companies.
