Long-term Investing: Hillside Wealth Manager's Top Picks and Valuation Concerns

Jason Del Vicario, portfolio manager at Hillside Wealth Management, invests in high-quality businesses with a long-term approach. His fund, which has a $275-million asset base, owns stocks such as Constellation Software, Meta, and Alimentation Couche-Tard, which make up a third of his equity portfolio. He defines high-quality businesses as founder-led and owned with consistently high returns on invested capital. The firm's all-equity fund has returned 9% this year and 10.3% since inception.