Beyond Fundamentals: Beauty Care & Cosmetics
Jeff Mueller shares his view of the global beauty industry and what sets the leaders apart
Your focus is on taking care of your clients and supporting their vision of financial independence. At Polen Capital, we want to help you achieve that. Our firm’s mission is to preserve and grow client assets to protect their present and enable their future. We serve our equity investors by providing concentrated portfolios of what we believe to be the highest-quality companies in the world.
We invest in companies that our rigorous, bottom-up research indicates have sustainable competitive advantages, superior financial strength, proven management teams, and powerful products or services.
In our view, consistent earnings growth is the primary driver of intrinsic value and long-term stock appreciation. Accordingly, our efforts focus on identifying and then building concentrated portfolios of companies we believe can deliver sustainable, above-average earnings growth over the long term.
We are committed to pursuing a high conviction strategy designed to add value and grow the assets of our clients over the long-term.
—Damon Ficklin, Head of Team, Portfolio Manager & Analyst
We have fine-tuned our stock selection process over more than three decades. We conduct in-depth research and apply stringent guardrails to promote objective screening and monitoring. Our efforts are centered around identifying and keeping only what we see as the best ideas – companies that demonstrate competitive advantages and sustainable growth potential across long time horizons.
Jeff Mueller shares his view of the global beauty industry and what sets the leaders apart
We believe high-quality small caps have what it takes to emerge even stronger from a challenging environment
We believe owning cash-rich, competitively advantaged businesses avoids the perils of leverage and lack of differentiation
A look at the evolution in e-commerce growth and where the industry goes from here
A reminder for the unemotional, patient investor that “fair prices” for high-quality businesses can occasionally become “wonderful prices”