S&P 500 Could Fall 60% says Top Value Investor

Five-star fund manager Dominic Fisher of Thistledown looks for good value opportunities - but in this overheated market he is struggling to find any

Emma Wall 1 September, 2017 | 3:01PM

New York Stock Exchange

Dominic Fisher describes himself as an "old-fashioned" value investor. He likens himself to the Warren Buffett of yore, who stuck to stocks which looked underappreciated by the market, rather than the Buffett of today who will seemingly pay any price as long as a company's cashflows are neverending.

The strategy has paid off. Fisher's Thistledown Income fund returned 25% last year and is up 6.4% year to date. The fund has a five-star performance rating.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
VT Thistledown Income Z GBP Net Acc115.76 GBP0.60

About Author

Emma Wall  is former Senior International Editor for Morningstar

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