- Another 12 months of outperformance takes cumulative total returns from my Slater-inspired screen to 305 per cent over the past eight years versus 109 per cent from the market
- The screen has identified eight shares for the year ahead
- A detailed look at Best of the Best
Since vaccine breakthroughs were announced in November 2020, it’s been a wonderful time to be a small-cap investor. One of the stand out smaller companies screens that I run in this column is based on the wisdom of Jim Slater, an entrepreneur, investor and the author of classic investment book The Zulu Principle.
Slater was a proponent of the investment style that is broadly known as growth at a reasonable price (GARP). He did much to popularise the use of the price/earnings growth (PEG) ratio in the UK. And he was particularly drawn to smaller companies and their growth potential because, in his words, “elephants don’t gallop”.