163. Investing in a market that gives you grey hair

<p>“My fund is up over 20% in the past year, but it&apos;s been the sort of bull market that gives you grey hair,” said James Thomson, manager of <a href='https://www.fundcalibre.com/elite-funds/rathbone-global-opportunities'>Rathbone Global Opportunities</a> fund. In this podcast, James tells us that US companies are growing profits more than four times faster than the rest of the developed world. He talks about his top ten holdings including Alphabet, owner of Google and YouTube, “the king of search, online advertising spend, and my daughter&apos;s favourite venue for videos about how to make slime and squishies.” He also tells us why Costco will blossom “in a world of rapid consumer goods inflation.”</p>