“Great Companies” According to Great Companies
Great Companies, Inc. is an investment management firm based in Tampa, Florida, that focuses on only investing in “great companies.” Charles Carnevale, co-founder and co-ceo, talks about what exactly that means:
Mr. Carnevale: We endeavor to own great companies, which we define as companies that generate above average, superior, consistent long-term operating results, far in excess of the average company. We seek a target rate of return objective of 15% to 20% growth, which great companies have historically achieved.
For the full interview with Mr. Carnevale, concerning his full investment strategy and stock picks, click here.
This entry was posted on Tuesday, September 25th, 2007 at 3:14 pm and is filed under General Investing. You can follow any responses to this entry through the RSS 2.0 feed.