4Q2020 – Focus Growth Commentary
We let our business-focused research guide our investment decisions, armed with our belief that business performance drives share prices over the long-term.
Perspectives
4Q2020 – Global Growth Commentary
Our conviction in the competitive advantages, sustainability, and durability of our businesses remains high, and we believe the Portfolio is well-positioned for the future.
4Q2020 – International Growth Commentary
We believe our commitment to investing through a disciplined and time-tested approach should continue to deliver compelling results today and after the crisis eventually abates.
3Q2020 – Global Emerging Markets Growth Commentary
Rather than concerning ourselves with market timing, we’re happy to add to our position and keep our eyes on the horizon.
3Q2020 – U.S. Small Company Growth Commentary
We believe having conviction in the quality of our businesses and a focus on the long-term is paramount to navigating periods of heightened volatility.
3Q2020 – International Small Company Growth Commentary
Agility matters in a crisis because periods of disruption, by their definition, force change.
3Q2020 – Focus Growth Commentary
Our research takes us to where we think we have the best combination of financial superiority, competitive strength, growth opportunity and valuation.
3Q2020 – Global Growth Commentary
We concentrate the Portfolio in the quality growth businesses where we believe the fundamentals best support value.
3Q2020 – International Growth Commentary
Consistency is an antidote to uncertainty, and we will continue to seek to optimize the Portfolio for both superior growth and resilience.
2Q2020 – Global Emerging Markets Growth Commentary
We believe the opportunity for businesses that can provide consumer-relevant products and services in emerging markets is enormous and should persist for years, if not decades.