Value Investing Live: Brian Yacktman on Finding Enduring Pricing Power
Manage episode 391024483 series 3541457
Brian Yacktman, President and Chief Investment Officer of YCG, LLC
Yacktman is the President and Chief Investment Officer of YCG, LLC which he founded in 2007 in Austin, TX. YCG is an active management firm that has seen assets grow from $1 million to nearly $1 billion as of September 30, 2020, while achieving market beating performance since its inception. YCG offers separate account management and is the adviser to the YCG Enhanced Fund (ticker: YCGEX).
Prior to starting YCG, Brian was an Associate at Yacktman Asset Management, the adviser to The Yacktman Funds. He joined them in 2004 from Brigham Young University where he graduated cum laude with a B.S. in Economics and an M.B.A with an emphasis in finance. Brian has been quoted and highlighted in financial media outlets such as CNBC, Fox, WSJ, Bloomberg, Barron's, MarketWatch, CNN, Reuters, and Forbes. He also has served as a panelist for Institutional Investor and as a guest lecturer at Brigham Young University, University of Texas, Texas Lutheran University, Gurufocus Value Conference, American Society of Appraisers and at the Googleplex.
YCG seeks to invest in global champions, believing the key to successful investing is to compound capital at high rates of return for long periods of time. Businesses with this capability are extremely rare because competition and innovation drive down real pricing. Therefore, we pay particular attention to identifying businesses with enduring pricing power, most often found amongst globally networked businesses with long-term volume growth opportunities that are growing at least as fast as GDP. We also want these businesses to be conservatively capitalized with owner minded management teams, trading at prices we believe will achieve attractive rates of returns.
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Watch the full live stream: https://youtu.be/6I1wlDdRa4M
Check out the YCG Investments Channel here: https://www.youtube.com/channel/UC5cFLAZCwvYWVAym-61LTtw
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