A Wall Street Transcript Interview with Michael Yoshikami, Ph.D., CFP, Founder, Chairman and CEO of the Destination Wealth Management: An Allocation Strategy Focused on Cash-Flow-Oriented Global Companies
67 WALL STREET, New York - January 2, 2014 - The Wall Street Transcript has just published its current Investing Strategies Report. This special feature contains expert industry commentary through in-depth interviews with highly experienced Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Small Cap Investing - Upside in Small-Cap Stocks - Contrarian Approach to Investing - Quality of Business - Investing in Tangible Assets - Value in Emerging Markets - Cash-Flow-Oriented Global Companies - Turnaround Situations in Small and Micro Caps
Companies include: Walt Disney Co. (DIS), Johnson & Johnson (JNJ), Berkshire Hathaway Inc. (BRK-A) and many others.
In the following excerpt from the Investing Strategies Report, an experienced money manager discusses his investing methodology and top picks for 2014:
TWST: Destination Wealth Management tailors portfolios to the individual client and the needs of that client, but what are the criteria you look at when you are deciding what type of portfolio to compose for a client?
Dr. Yoshikami: It depends on what the client's goals are in terms of what they are trying to accomplish in their financial plan combined with their comfort level with volatility. We are a big believer that fluctuation in the market is going to continue to be elevated, and we want to make sure that our clients are comfortable with the strategy we put in place. I am a strong believer that being clear up front about how we construct portfolio strategies - gives those that we work with a sense of comfort. We seek to construct a plan that is going to fit with their financial goals and will help them sleep at night.
TWST: Can you explain your overall investment philosophy?
Dr. Yoshikami: We are a tactical allocation firm, meaning that we have a core allocation strategy and we tactically adjust based on current economic and market conditions. The reason we do this is because the market is more unpredictable than ever as global events greatly impact economies and investment strategy. We believe it is an important part of our offering to have a viewpoint on economic conditions and their impact on investments. Being nimble is critical in today's world while still focusing on a long-term objective.
TWST: You have said you like cash-flow-oriented global companies with strong brand recognition. Can you tell us what does it mean?
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
