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.
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