2/26/2018 0 Comments OpportunityThis week, I began serious work on my final product. During my day at the office, I decided on the first company that I am pursuing as part of my investment portfolio. This company, Integer Holdings, produces a wide range of medical equipment for use in various different areas of medical practices. They are not involved in shipping or distributing their own equipment. The primary reason that I chose Integer to invest in is because of their very specialized field in which they operate and the small nature of the company. Their field has high barriers to entry, which eliminates a lot of the intense competition that other industries face (such as technological disruptions from companies like Apple), and because of their small size, have an ability to easily and organically grow.
In addition to having good potential for being undervalued, Integer will also provide to me an opportunity that most high schoolers do not get: interviewing upper level management (ex. CEOs, COOs, CFOs) of a corporation. Integer is headquartered about fifteen minutes from where I live, allowing me to easily be able to visit their headquarters and learn about the company while also gaining valuable experience doing an essential part of an investor’s day to day job. The process of thinking through company strategy and their competitive advantages also made me think about how my own competitive advantage has developed over the four years that I have been seriously investing. Aside from my young age and more formal experience than most beginning investors do, I have also been attempting to target rare opportunities for someone like me, such as meeting with heads of management and investing real money. Of course, there is the customary feeling of doubt and trepidation with these new opportunities, but as long as I adequately prepare and continue to be passionate in my topic, I know that I can be successful and continuing to build up the durable competitive advantages that I have.
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