Searching...
17 results for “growth investing”
Concept8 mentions across episodes
growth
Topic8 mentions across episodes
Growth investing
But they're also using their scale to procure inputs at a better cost. And the greater scale they have, the greater leverage they have to improve their cost. And then they're operating in these niche markets, especially as they acquire new businesses
30:02 / 31:09
from transcript30:02 – 31:09
...my revenue growth. That's good. But that margin expansion on average cannot be zero going forward if we wanna have attractive returns. I mean margin expansion in both senses. One is, yes, there's still value investing and there's room to take out cos
13:56 / 15:20
from transcript13:56 – 15:20
...revenue growth, significant free cash flow, and then strong and improving returns on capital. Acquisitions are this really key component because they acquire a business. About half the time, that acquisition is coming from the business unit level. So
33:44 / 34:52
from transcript33:44 – 34:52
...growth. That's good. But that margin expansion on average cannot be zero going forward if we wanna have attractive returns. I mean margin expansion in both senses. One is, yes, there's still value investing and there's room to take out cost for busin
13:27 / 15:17
from transcript13:27 – 15:17
There's two really real reasons that they can pay bigger valuation multiples for the companies on the sale from our managers. One is the companies are just better, higher quality. So that gives them the ability to do it. The other is they have the ab
45:00 / 46:05
from transcript45:00 – 46:05
...buys than growth buys, carve outs, things like that, what's the history shown of the success of those types of deals over the last decade? Over the last decade, the data's not as good as it was in the decades before. Part of that is the competition f
49:17 / 50:48
from transcript49:17 – 50:48
...growth. That's good. But that margin expansion on average cannot be zero going forward if we wanna have attractive returns. I mean, margin expansion in both senses. One is, yes, there's still value investing and there's room to take out cost for busi
48:28 / 50:07
from transcript48:28 – 50:07
...growth. It's been a wonderful macro environment for a lot of that ride with some bumps obviously in it. But those conditions are different now, and we can't expect that multiple expansion is gonna drive attractive returns in this industry for the nex
6:02 / 7:12
from transcript6:02 – 7:12
...GDP growth was positive, and therefore, I had kind of a built in multiple expansion mechanism going as the next buyer could have the same interest coverage and pay a higher multiple that I had entering a business. And with multiple expansion, returns
9:04 / 10:11
from transcript9:04 – 10:11
and cheap interest rates. We just live around that model. We think about who can grow their earnings the most, what are they paying, what can they sell things for. And that has always pointed us in the direction of lower middle market buyouts and spe
38:58 / 40:05
from transcript38:58 – 40:05
...seen growth rates like we have today. I'm a little bit stuck if I'm honest, and so I'd love your advice. When we look at companies going from one to 20 to 30 to 40, there's actually quite a few that do that today. Before that was completely unheard o
47:50 / 50:39
from transcript47:50 – 50:39
...growth. Mhmm. By which I mean, if I show you a company that is under margins, you're more likely than not to give me the credit for growing into that margin. But if I show you a business that's only been a single digit grower, it's highly unlikely I'
3:47 / 4:55
from transcript3:47 – 4:55
...Growth sits in between, and the original virtues were investing after the technology risk has been eliminated. So a product or service is available. Consumers are touching it or enterprises are touching it or small businesses are touching it. And our
15:42 / 16:47
from transcript15:42 – 16:47
...growth. They're generated through taking smaller, less sophisticated companies that have a lot of levers to pull operationally to improve them and making them grow and scaling them to a place that they can be sold in a much more efficient market.
30:02 / 31:14
from transcript30:02 – 31:14
...means better growth than we inherited. So, you know, in the last twelve months, I'll just give you some examples of businesses that we have either fully exited or or very significantly monetized. There are four of them that come to mind. There's Univ
6:01 / 7:05
from transcript6:01 – 7:05
Have a podcast?
Run your podcast through Clypt
Get ranked clips, hooks, and ready-to-post copy from your own episodes. Free to try.