How many investors can say they found a stock, bought it, and held onto it for 11 years? Well, unless you're a) of a certain age that this is possible and b) you bought Commonwealth Bank or CSL at its early 1990s floats, chances are this is not a story you will have first experience with. But Anthony Srom, Portfolio Manager for the Fidelity Asia Fund (now also available through the Fidelity Asia Active ETF), can attest to this experience.
Srom, a veteran Asian stock picker, discovered his biggest win at an individual stock level when the markets hated it. And he still holds it 11 years since he first purchased it.
In fact, keeping an eye out for stocks attracting overwhelming negative sentiment from the consensus is how Srom has found a lot of his winners. It also explains why he doesn't hold two of the most wellknown and largest stocks in Asia Alibaba and Tencent.
To find out the name of the stock Srom has held for more than a decade, tune into this episode of The Pitch. In this video, you'll also hear about the one thing that has Srom so excited about the AsiaPacific region going forward as well as the one question he is most asked by investors today.