When Will FTSE 100 Investors Finally Take Notice of 3i Group?
3i Group has outperformed the rest of the FTSE 100 for over a decade, with its shares rising 302% since 2020. The private equity firm's strong business and reasonable valuation have kept investors at bay, despite the stock's impressive track record. However, Wright believes it's finally time to consider buying the stock.
- By focusing on investing its own cash, 3i has developed a unique advantage that allows it to buy when prices are low, rather than when they're high – a strategy that could be key to unlocking long-term value for investors.
- Will Wright's experience and discipline prove sufficient in navigating the complexities of private equity investing, or will he eventually succumb to market volatility and change his mind about 3i?