At the Quality-Growth Investor Conference on October 1, 2024, in Westminster, Andrew Brenton, CEO and co-founder of Turtle Creek Asset Management, shared insights into his firm’s investment philosophy. With over $5 billion under management and a remarkable track record of 22% compounded returns since 1998, Brenton emphasized the importance of moving beyond the traditional buy-and-hold strategy.
Buy and Optimize: A Dynamic Approach to Long-Term Investing
Brenton outlined that while Turtle Creek holds companies for extended periods, the firm’s shareholdings fluctuate based on changes in value. He explained that the buy-and-hold approach is inferior to what Turtle Creek...