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There are very few companies whose long-term prospects I believe are strong enough to warrant my "Certain Wealth in Uncertain Times®" designation. I registered that trademark to create a portfolio of companies I believe have a remarkable runway for future growth.
Many times, these are Fallen Angels that are out of favor for one reason or another.
Right now, the entire traditional energy sector is in disfavor. A new Chinese electric vehicle ((EV)) company might IPO with no earnings and a me-too product, yet would garner the enthusiasm - and the PE - of