Chautauqua Capital's structure and investment process are designed to generate superior risk-adjusted returns through stock-selection skill. This approach emphasizes great, wealth-creating businesses that benefit from long-term trends, possess the sustainable competitive advantages to exploit those trends and can be purchased at reasonable valuations.
To capture the full benefit of stock-selection skill, portfolios should be invested for the long term, on a conviction-weighted basis, in a concentrated set of best-idea investments.
Risks are managed through care in implementation – with an emphasis on quality, thoughtful diversification, awareness of relevant exogenous factors and the application of a forward-looking valuation discipline.
We believe there is simply no better way to achieve long-term capital appreciation.
Managing Partner Brian Beitner discusses Chautauqua Capital Management's rigorous approach to investing in the global and international equity markets.