Will Dowd – US, Small Caps, Industrials: 3 Building Blocks Of A 30 Year Portfolio | Summer Series

Will Dowd is a partner and Portfolio Manager at Fairlight Asset Management. Throughout this Summer Series, we’re speaking to 12 accomplished investors and financial advisors to unpack their journeys in finance and the lessons they’ve learned along the way. In today’s conversation with Will, we’re unpacking: Fairlight’s investment philosophy and how they’ve built an enviable track record Will’s love (and we mean love) of under-studied industrial businesses that can quietly compound Why Will focuses on small and mid caps How Fairlight filter the universe to uncover interesting investment opportunities How Will would build a portfolio for the next 30 years Will’s biggest gripes with the industry that all investors should be mindful of 00:00 - Introduction 03:06 - Balancing New Buys vs. Holding Winners 07:15 - Fairlight's Approach to Investment 11:28 - Managing Risk in Optimistic Markets 17:33 - Will's Introduction to Investing Key Takeaways from His First Investment 30:03 - Why Fairlight Focuses on Smaller Companies 32:26 - Evolving Investment Philosophy 33:58 - Building a 30-Year Portfolio 38:05 - Investing Advice for Young People ——— Thank you to Viola Private Wealth for sponsoring this Summer Series and helping us keep all of our content free. Managing over $2.5 billion in assets, Viola Private Wealth specialises in clear, empowering wealth solutions. Whether you’re preserving wealth or planning intergenerational transfers, their boutique approach ensures personalised attention for every client. To speak to the team at Viola Private Wealth, complete the contact form on their website. ——— Want to get involved? Join our daily mailing list to stay up to date on all things in business and markets: https://equitymates.beehiiv.com/subsc... Ask us a question: https://equitymates.com/get-in-touch/ Join the conversation in the Facebook Discussion Group   / equitymates   Instagram:   / equitymates   X:   / equitymates   TikTok:   / equitymates   LinkedIn:   / equity-mates   ——— Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.