William H. Mann III discusses Motley Fool Asset Management, LLC as well as the Independence Fund and the Great America Fund. The Independence Fund is a go-anywhere fund, which means it can invest globally and across market caps. The Great America Fund invests in domestic small caps and midcaps. According to Mr. Mann, he is a business-centric investor, meaning he focuses on things he can control, such as the quality of a business and the price he is paying for it. He defines quality as companies that can beat their cost of capital over a 10-year period. Mr. Mann does not worry about a fund’s short-term performance or how it compares to a benchmark. In general, the funds are concentrated with 50 to 70 companies, which allows the portfolio managers to know the companies very well and maintain a low turnover.
Full interview available here.
Interview Highlights: Harry Burn III and Mayo T. Smith of Sound Shore Management on Investing Strategies
January 19, 2017
Interview Highlights: Henry S. Beukema III of Guyasuta Investment Advisors on Investing Strategies
January 13, 2017
Interview Highlights: Andrew Boord of Fenimore Asset Management on Investing Strategies
August 18, 2016
Interview Highlights: Chris Lagan and Todd Solomon of Congress Asset Management Company on Investing Strategies
August 31, 2016
Interview Highlights: Ken Ichikawa Siazon of Southeastern Asset Management on Investing Strategies
September 19, 2016
