Black Creek’s investment-driven approach concentrates on building portfolios of 25-35 winning businesses from around the world that are misunderstood or misperceived by the market. We view any potential investment as though we are looking to acquire the entire company. We are not trading stocks; we are collecting a portfolio of businesses. Our business-owner mindset and long-term perspective allow us to think differently.
The net result for investors is not only a long-term, high-conviction strategy, but it means our portfolios are eclectic, bearing little resemblance to any global index. Any sector or geographical allocations within our portfolio are a by-product of our unconstrained, go anywhere global style. Our portfolios are concentrated, however there is a conscious diversification of investment ideas.
We focus on understanding the long-term drivers of a winning business, not quarter-to-quarter earnings. Our investment process requires independent and sometimes contrarian thinking. We consider what a business will look like over the next 5-10 years, and short-term market volatility provides the opportunity to create significant value for our clients over time. This approach requires a constitution of character amongst our investment professionals to withstand the inevitable shorter periods of time in which they look completely different – and quite possibly wrong – in order to add long-term value.