Jeremy, welcome to the money investing podcast. Tell us about your fund's strategy for buying and holding great businesses. What do you look for in a business? Four key characteristics that are separate from valuation. And these aren't hard and fast rules per se. It's just more of a a guiding light That helps us achieve two things. One it helps us achieve not drifting too far out of the guide line and buying something just because it's cheap. Second we can hold on to great companies when it's difficult or when everybody else is selling.

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