At wite ithink, our number one priority and success measurement will be delivering superior risk adjusted absolute returns to our shareholders. In that way, we don't tend to think about having specific am targets that we n to hit. And if we do that well, and we're transparent about how we do it,. We think the rest takes care of itself. I really like that answer, and it leads me to ask you guys, how you guys measure success? There are a number of different ways to measure maybe business performance.
IN THIS EPISODE, YOU’LL LEARN:
01:55 - What makes Weitz’s equity and fixed income funds different from others.
04:20 - Weitz’s overall investment process and how it has evolved over time.
04:20 - What their “quality at a discount” (QAD) investing framework is.
11:45 - What 6 factors they look for to assess the quality of a company.
14:16 - What discount rate they use when projecting out cash flows.
24:01 - Their thoughts on Google, Facebook and Amazon stocks.
26:44 - Their investment thesis for Liberty Broadband.
31:30 - What drives large discrepancies between a companies’ enterprise value and market cap, and what should investors be more focused on.
37:52 - Why Accenture stock has been one of their core holdings for 10+ years.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
EPISODE RESOURCES
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