Fayez Sarofim Knows How To Create A Conservative, High-Growth Portfolio

About this time last year, I talked about Fayez Sarofim for the first time when I referenced his extensive art collection and some of the very interesting personal life that has marked his eight decades in the United States. I was recently reviewing his ten largest holdings registered to Fayez Sarofim & Co., and I am very impressed by the quality and growth characteristics of the portfolio that he has put together.

When I study how he has made his money, it’s one of the best things I’ve ever seen, and that is not praise I give out lightly. This is how he allocates his fund money: 5.9% to Philip Morris International, 5.3% to Apple, 4.6% to ExxonMobil, 4.3% to Coca-Cola, 3.7% to Chevron, 2.9% to Nestle, 2.8% to Johnson & Johnson, 2.8% to McDonald’s, 2.6% to ConocoPhillips, and 2.6% to IBM.

That’s it. That’s the magic formula. If you … Read the rest of this article!