On Tuesday, October 24th, SMIF was pleased to welcome alumnus Blair Boyer to speak to the class. Mr. Boyer graduated from Bucknell in 1983 with a BA in economics. He is currently a managing director and a large cap growth equity portfolio manager at Jennison Associates, which he joined in 1993. He also has experience in international equity portfolio management and research analysis.
Mr. Boyer spoke with the class about the importance and implications of a long-term time horizon for our portfolio. He advised the class that while short-term news can be impactful, as long-term investors, we should not let short-term thinking affect our investment thesis. Rather, the fundamentals of a company and its growth strategy are more important in the long-term. He emphasized the importance of free cash flows and a high return on invested capital when looking into potential investments. We thank Mr. Boyer for his time, and appreciate his advice as we continue to manage our own portfolio!