Tim Hartch, co-manager of BBH Core Select Fund and BBH Global Core Select Fund, will be a featured guest on
Consuelo Mack WealthTrack this weekend. Please click herefor local listings.
We believe companies that possess the following business attributes, management attributes and financial attributes are well positioned to create value for shareholders through varying economic and market environments.
Business Attributes
Essential products and services
Loyal customers
Leadership in an attractive market niche or industry
Sustainable competitive advantages
Management Attributes
Strong operators with integrity
Favorable capital allocations
Meaningful share ownership
Financial Attributes
Strong balance sheet and free cash flow
High returns on capital
Purchasing such businesses when they are trading at discount to intrinsic value and with a meaningful margin of safety reduces the likelihood of permanent capital loss on any single investment.