The Signal, The Noise

January 2022
Think Pieces

As the team at HS Management Partners reflects on the week just ended and the one just begun, and the value destruction occurring in many pockets of the equity (and other) markets, we continue to focus tirelessly on the core determinants of our investment process and performance: identifying 20-25 quality businesses capable of advancing portfolio earnings and cash flows in a consistent, visible manner while being very attentive to valuation.  Temperament and judgement are companions we particularly enjoy spending time with during periods of market stress.

To read more, download the full thought piece here.