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WealthTrack exclusive with Sir John Templeton’s successor... Mark Holowesko
Thanks for pointing out the recent wealthtrack guest.
Here's also an interview with Mark Holowesko in Barron's on Nov 12:
Paying Keen Attention to the Bottom Line By LESLIE P. NORTON
Mark Holowesko of Holowesko Partners, an Olympian athlete, is still interested in going through records—but today, he's sifting through businesses as prospective investments for his hedge and long-only funds.
Ten years ago, onetime Olympic sailor Mark Holowesko left his job overseeing Templeton's enormous growth and foreign funds to start his own shop in Nassau. Since then, Holowesko Partners, with $2.1 billion in assets, has racked up an enviable long-term track record in the Holowesko Global fund, a long-short hedge fund, and the Holowesko Global Equity fund, a long-only fund. Franklin Templeton remains a large investor, with 20% of Holowesko's company; he still sits on some Templeton boards. An agile investor, he believes it's "a wonderful time to be investing in equities." To learn where Holowesko, 51 years old, has put his money, keep reading.
The market is giving you some of the largest blue chips at a discount. I think there are only four companies in America with a triple-A rating: ExxonMobil, J&J, Microsoft and ADP (ADP). Marry that with companies growing dividends for 20 years, and you'd get them as well. In fact, stocks today are at an enterprise value as cheap as they were in the early '80s. I'm incredibly comfortable about "taking risk" in the market.
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Here's also an interview with Mark Holowesko in Barron's on Nov 12:
Paying Keen Attention to the Bottom Line
By LESLIE P. NORTON
Mark Holowesko of Holowesko Partners, an Olympian athlete, is still interested in going through records—but today, he's sifting through businesses as prospective investments for his hedge and long-only funds.
Ten years ago, onetime Olympic sailor Mark Holowesko left his job overseeing Templeton's enormous growth and foreign funds to start his own shop in Nassau. Since then, Holowesko Partners, with $2.1 billion in assets, has racked up an enviable long-term track record in the Holowesko Global fund, a long-short hedge fund, and the Holowesko Global Equity fund, a long-only fund. Franklin Templeton remains a large investor, with 20% of Holowesko's company; he still sits on some Templeton boards. An agile investor, he believes it's "a wonderful time to be investing in equities." To learn where Holowesko, 51 years old, has put his money, keep reading.
http://online.barrons.com/article/SB50001424052748703893804577024184238417066.html#printMode
~Mark H.~