Published on 2 May 2022 on Insider Monkey via Yahoo Finance
Top 10 Stocks to Buy Today According to Kerr Neilson’s Platinum Asset Management
In this article, we discuss the top 10 stocks to buy today according to Kerr Neilson’s Platinum Asset Management. If you want to see the top five holdings of the hedge fund, go directly to Top 5 Stocks to Buy Today According to Kerr Neilson’s Platinum Asset Management.
Kerr Neilson is an Australian investment manager and the co-founder of Platinum Asset Management. He is often dubbed as “Australia's Warren Buffett” due to his stock-picking strategies and consistent fund performance. Platinum Asset Management specializes in managed funds, listed investment companies, ASX quoted managed funds, investment bonds, and offshore products.
Kerr Neilson co-founded Platinum Asset Management in 1994 along with Andrew Clifford. Neilson currently serves as a non-executive director of the hedge fund, whereas Clifford is the CEO and CIO. Neilson focused his fund’s investments in misunderstood companies without geographical or index weighting restrictions. These companies were mired with management issues, mispricing, or intuitive biases applied by market investors, which were later fixed by Platinum Asset Management. Kerr Neilson handed over the position of managing director and CEO to Andrew Clifford on 1 July 2018.