Joel Fleming (Portfolio Manager, Microcap Equities) catches up with ausbiz’s Andrew Geoghan to provide his early observations on the August reporting period. In Joel’s view, a number of companies previously seen as expensive have either met or exceeded expectations, highlighting the long-term earnings power of compounding businesses.

With a sharp focus on finding inflection points and investing in companies offering long-term structural growth, Joel explains his conviction in three companies that he believes are primed to outperform for the period ahead.