Friday, November 11, 2011

Al Gore's Generation Investment Management Says Screw the Green Stuff, We're Going Ino Medical/Healthcare (BDX; CL; HSIC)

Long time readers know the drill when we look at Generation:
Two comments I've made in the past but have to repeat:
1) These are only the publicly traded U.S. stocks in their portfolio. Private deals, foreign stocks, cash etc. don't show up.
GIM is reputed to be running $5 Billion, these securities only total $2.36 Bil.
2) This is not a very "green" portfolio.
That said the portfolio is less green than ever although part of that is due to First Solar dropping 60% and thus making up a smaller percentage of the loot.

Quanta Services is a big engineering services provider to the electrical and natgas industries but there haven't been a lot of shovel-ready jobs coming their way.

From Insider Monkey:
Generation was founded in 2004 by Al Gore and David Blood. The firm now 45 people represent 16 countries and speak over 10 languages. It has a team of 21 investment professionals who have over 150 years of combined investment experience. Generation’s investment approach is based on the idea that sustainability factors will drive a company’s return over the long term. It has built a global research platform to integrate sustainability research into fundamental equity analysis. We believe that by focusing on Generation Investment’s top stock picks, investors are likely to beat the market in the long term.
Below we compiled a list of top 15 positions in Generation Investment’s portfolio at the end of September.


Henry Schein Inc (HSIC): Henry Schein, Inc. is a distributor of healthcare products and services primarily to office-based healthcare practitioners....MORE
 In other news off our Al Gore combined-feed:

SFist Lady Accuses Muni Passenger Of Being Al Gore , Staring At Her Private Parts (VIDEO) SFist "A crazy tweaker boarded the San Francisco MUNI and immediately began shouting at one of the passengers, repeatedly calling him ' Al Gore ' and accusing him ...