Bank of Montreal: Tallying The Scorecard

Group 1 - Bank of Montreal (BMO) was identified as the highest conviction bank stock pick in 2023, showing significant promise among Canadian banks with a stock return of 45% [1] - The investor, Shri Upadhyaya, emphasizes the importance of independent research and personal investment experience, which shapes his investment philosophy [1] - The investment strategy includes focusing on under-the-radar small caps with asymmetric upside, low-beta stocks with growth potential, and avoiding poor risk-reward setups [1] Group 2 - The approach also involves pairing long ideas with targeted shorts, viewing this as a value investing strategy on the short side, which can help manage volatility and improve long-term compound annual growth rate (CAGR) [1]