Our Select Equity Portfolios share these key elements:
Our focused portfolios typically own 20–40 stocks to access our high conviction stock ideas. This approach allows us to better position the total portfolio.
Widening the Moat
We believe companies with sustainable competitive advantages, or moats, should be able to defend or grow their market position over time.*
We prefer high-quality companies with durable moats, steady profits, and strong free cash flows that trade at attractive discounts to their intrinsic value.