Perspectives

- Commentary, Video

We remain confident that the Portfolio owns a collection of competitively advantaged companies that are well-positioned to structurally grow their businesses over the next decade.

- Commentary, Video

Short-term rotations have no bearing on how we invest. We believe long-term returns will ultimately reflect the long-term growth of cash flow and earnings of our companies.

- Commentary, Video

Re-opening trades, vaccines, and interest rates are all very interesting. But, in our experience, long-term investment returns are driven by sustainable earnings growth.

- Commentary, Video

We always seek to understand the underlying business drivers and secular tailwinds to consistently position the Portfolio for long-term growth.

- Commentary, Video

Our mindset differs from investors who try to capitalize on shorter-term price arbitrage–we seek companies that offer infinite opportunities through long-term compounding.