The Strategy aims to achieve long-term outperformance primarily through investment in a concentrated number of high quality, attractively valued, well-run companies that have strong balance sheets and dominant market positioning. The Strategy seeks and continues to hold shares in businesses that we believe are more immune to global economic cycles.
01We believe few companies can consistently and reliably compound shareholder wealth at superior rates of return over the long term. |
02We believe that a concentrated portfolio of these exceptionally high-quality companies, when selected with an absolute value bias, will earn attractive returns with less than average absolute volatility. |
03We invest in businesses that display what we consider to be the best combination of growth, quality, yield and valuation. |