Antagain
Danaher (NYSE:DHR) has been a core portfolio holding for me throughout this year and is my SWAN stock pick for 2024. SWAN stands for Sleep Well At Night, a business with a low-risk profile without much worry for investors. I bought my first share in 2020 and have since waited for the opportunity to buy at attractive prices, which has materialized in 2023. I built up a sizable position (#1 in my portfolio at 10%) and believe that Danaher is set to outperform the market again. Let’s get into my reasons why.
General thesis
Danaher is a holding company that operates through its Danaher Business System, a continuous improvement system based on the Japanese Kaizen business philosophy. Everything within the company is based on rational, data-driven decision-making based on clear and measurable goals as a team and throughout the organization. Throughout the years, this has led to a continual improvement of the businesses Danaher…
