John Morcos ’19 pitched Toyota Motor Corp (TM) to the Student Managed Investment Fund (SMIF) on March 25, 2019. TM went public in 1937, with the idea to design and produce fuel-efficient cars. With over nine million vehicles produced and sold in over 27 countries, TM has an enormous global influence. The company focuses on creating value for its customers, while remaining costly and environmentally conscious. TM’s products currently consist of Toyota and Lexus vehicles. Numerous opportunities for growth in China, India and other emerging markets will allow TM to continue to grow their revenue. TM is always looking for ways to innovate and produce better vehicles for the customer and the environment. TM’s strategic investments in Uber and Grab will allow them to capture other automotive business such as autonomous vehicles and ride-sharing services. The majority of revenue is generated from automotive with over $200B in revenue each year. TM has successfully grown their revenue, operating & net income, earnings per share and dividends for the past five years. The class voted to buy 103 shares of TM.