James Harries (Troy) - Exercising Discipline For Global Dividend Growth

James Harries has a wealth of experience as a global income investor and manages the Trojan Global Income Fund and Securities Trust of Scotland.  James talks about his journey from Royal Military Academy Sandhurst to a career in investing, how he has evolved as an investor and why income investing remains highly relevant in today's world.Show notes:[1:05] James talks about the start of his career and the lessons learnt at Sandhurst[5:23] Being disciplined and allowing good habits to compound[6:41] The importance of income investing[9:47] Focusing on generating good returns whilst limiting drawdowns and volatility[11:08] The income discipline [13:08] Balancing quality, income and growth[15:16] The progression to a more concentrated, lower turnover and higher quality-focused portfolio[16:14] Emphasising quality above dividend yield[18:11] Insulating the portfolio and benefiting from technological change[21:37] How the deployment of technology is benefiting a broad range of companies in the portfolio.[24:14] The tobacco industry's evolution[27:58] Incorporating ESG considerations[29:04] Focusing on deeper and longer-term issues to gain an edge[31:53] Domino's Pizza[34:49] Structuring the portfolio for resilience[38:29] The macro backdrop[42:28] Do something you enjoy, concentrate on what matters and be happy

Om Podcasten

Far From The Finishing Post explores the ideas and practices of leading investors in an effort to continuously grow our collective knowledge. This podcast is intended for UK listeners only. The views and information contained within this podcast do not constitute investment advice and should not be used as the basis for investment decisions. Any reference to securities should not be construed as a recommendation to buy or sell these securities. Any opinions expressed are those of the relevant individuals and do not necessarily reflect the views of Troy Asset Management and may be subject to change without notice. Past performance is not a guide to future performance and the value of an investment may fall as well as rise.