Top 5 Superinvestor Buys for 2023

As 2022 came to an end, we said goodbye to one of the most tumultuous years for financial markets in recent history. Our financial markets had to navigate a post-COVID gully, war between Ukraine and Russia, the ensuing energy crisis, an ongoing cost-of-living crisis and the harshest swing in monetary policy that most people have experienced in their lifetimes. It’s hard to believe that all that happened within the span of 12 months.

We enter into 2023 facing down the barrel of what some people are calling a "New Regime", a financial world marked by high interest and lower growth. This is a tough climate for investors, however, we’re all in the same boat.

In times like these, it could be said that being an investor requires more effort. Tough macroeconomic conditions mean that selecting a high quality company is more important than ever, as there’s no safety net of a 10+ year bull run to give an uplift to equity valuations. While everyone should do their own research and arrive at their own conclusions, it often helps to look upon experienced investors to try and learn about what they look for in the companies they buy.

This collection takes a look at the top 5 most bought stocks among Superinvestors in Q4, to help provoke some thoughts on the rationale behind these purchases as we head into 2023.