Do You Believe West Pharmaceutical Services (WST) Represents a Tremendous Opportunity?

Generation Investment Management, an investment management firm, released its “Global Equity Strategy” second quarter 2026 investor letter. The letter can be downloaded here. The letter discusses the challenges of AI-driven market concentration and emphasizes the potential for long-term investors. It notes that the best companies are currently underperforming due to market returns being concentrated in a few stocks, driven by momentum and retail investment. The authors defend their...