Barry talks about the current market sell-off and what drives his investment decisions with Eric Clark from Mega Brands podcast. They talk about the firm’s target client and running their core portfolio plus some bonds where appropriate. Barry focuses on 5 core criteria.
1. Moat businesses
2. Tailwinds for opportunities
3. Great management & culture
4. Strong history of smart capital allocation decisions and ROI
5. Attractive valuations
Portfolio focus: think like a business owner and don’t sell the companies that execute.