Colgate-Palmolive Company

CL position long Chris Begg

Thesis

Colgate may get expensive at times, but it provides stability to the portfolio with very little downside risk, despite not being the best IRR idea. It serves as an anchor position due to its consistent performance and reliability.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. The assertion of stability and reliability suggests a long-term hold, but without concrete evidence of performance, the outcome remains uncertain.

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