Andrew Brenton, CEO and co-founder of Turtle Creek, discusses their average annual return of 20% versus 7% for the market since 1998. Topics include their approach to value investing, finding great businesses, focusing on mid-caps, risk of overpaying, investment case study, portfolio diversification, setting up a synthetic private equity fund, and their success with Home Capital Group.

In this conversation, Andrew Brenton, CEO of Turtle Creek Asset Management, shares wisdom from his 25 years of beating the market. He emphasizes the drawbacks of a buy-and-hold strategy and discusses how US markets are becoming less efficient. Andrew gives insights into allocating investments in AI and software, and reveals Turtle Creek's approach to risk management. He also highlights their recent addition of Kinsale Capital to the portfolio, showcasing how exceptional management plays a pivotal role in navigating market dynamics.