From Morningstar:

Gervais Williams, fund manager of the Diverse Income Trust, believes UK smaller companies will outperform mainstream stocks with significant catch-up potential. He sees stagflation as the biggest economic risk today due to potential wage inflation from policies like the National Living Wage increase. He admires Benjamin Graham for consistently adding value despite market challenges.

Williams favors Bioventix as a ‘forever stock’ due to its successful independent tests and consistent revenue growth. He avoids companies operating against government regulations, like PartyGaming. Williams predicts value stocks will outperform growth stocks in the coming years due to changing market conditions.

Williams encourages investing in SIPPs to help reduce cost of capital for UK quoted smaller companies. He sees crypto as immature but potentially beneficial for productivity improvements in the future. Williams calls for more diversity in fund management and the financial markets by fostering smallness and innovation.



Read more at Morningstar: 13 Questions for Diverse Income Trust’s Gervais…