“If five of the eight members of the team decide it is the right thing to do, then we implement it”
Two years ago, Goodbody Stockbrokers launched Best 8, an equal-weighted stock list that represented the firm’s top global equity ideas. The idea was to introduce investors to a select number of blue-chip international stocks that were liquid. And, every day, the team at the Active Trading Desk at Goodbody sit down and assess the composition of the list. In this sponsored podcast, Padraig Rourke, head of the Active Trading Desk, talks about the strategy and tactics of the Best 8 – how investors can buy-in, the anticipated return, and the decision-making process behind the stocks that are picked. Rourke also talks through a range of stocks that have been included in the Best 8, including its successful investment in Southwest Airlines and its less successful holding in Walmart. He also talks about Allianz, Disney, and Visa, and explains why his team is always looking for a theme behind each investment.
