In this edition of the Money Makers Investment Trusts Podcast, Jonathan Davis, editor of the Investment Trusts Handbook and winner of the 2024 AIC Best Broadcast Journalist Award, is joined by Jack Caffrey, co-portfolio manager at J.P.Morgan American Investment Trust (JAM).


Section Timestamps:
0:00:24 - Introduction
0:00:54 - Reaction to the US election result
0:04:08 - The resilience of the US market
0:06:53 - Value as a style
0:09:03 - Tariffs
0:11:47 - The strength of the dollar
0:14:04 - A short break
0:15:00 - Risks from a changing Fed chairperson
0:16:45 - Thoughts on Tesla and Nvidia
0:20:52 - Berkshire Hathaway and Buffet’s decision to sell Apple
0:22:59 - The approach to portfolio management
0:24:45 - Sustainability of the annualised total return
0:26:30 - Close


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This week, as well as the usual features, the Circle features a profile of Temple Bar (TMPL). Future profiles include Schroder Japan (SJG) and BlackRock Latin American (BRLA). Look out for the latest edition of our new expanded weekly subscriber email which summarises Jonathan's latest thoughts and includes a comprehensive summary of all the latest news. The content of that email is also available for subscribers via the website. A subscription costs £12 a month or £120 for one year.

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You can find more information, including relevant disclosures, at www.money-makers.co. Please note that this podcast is provided for educational purposes only and nothing you hear should be considered as investment advice. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.