If I Could Only Own 3 Stocks For The Next Decade

Core Investment Thesis - The article emphasizes the potential of holding a concentrated portfolio with a focus on three specific stocks: Enterprise Products Partners (EPD), Newmont Corporation (NEM), and Virtu Financial (VIRT) as undervalued opportunities with strong fundamentals and macroeconomic protection [2][3][7] Company Summaries Enterprise Products Partners (EPD) - EPD is characterized as a high-quality, high-yield dividend growth stock with an A- credit rating, low leverage, and significant liquidity [4] - The company has a diversified business model across the midstream energy value chain and a solid growth profile with long-term contracted cash flows [4] - EPD offers an attractive current dividend yield of approximately 7.25%, growing at a 5% CAGR, and is expected to outperform the S&P 500 over the next decade [4] Newmont Corporation (NEM) - Newmont possesses a strong balance sheet that is expected to improve as it sells non-core assets and initiates share buybacks, which could positively impact its stock price [5] - The company has significant exposure to gold and copper, with potential upside due to trends in electrification and geopolitical risks that could drive gold prices higher [5] - Newmont's assets are located in geopolitically stable regions, positioning it favorably compared to other companies in the sector [5] Virtu Financial (VIRT) - Virtu is a market maker that has historically performed well during market downturns, making it a potential beneficiary in times of economic distress [6] - The company is actively buying back stock and pays a dividend, which adds to its attractiveness [6] - Virtu has exposure to Bitcoin and could benefit from the growth of crypto markets, options trading, and asset digitization over the next decade [6] Investment Outlook - The selected stocks are viewed as unorthodox choices for a concentrated portfolio, but they are positioned to deliver solid total returns amid a pessimistic outlook on global geopolitics and U.S. economic conditions [7] - The combination of these stocks provides a hedge against potential economic downturns while capitalizing on long-term trends such as infrastructure development and the rising demand for copper and digital assets [7]