“They’re the gatekeepers because they’ve essentially created a globally recognized language all around the world that’s used to rate the riskiness, to communicate the riskiness, of debt. So if you were to try to go around them and use a different language, that’s not well known, your cost of debt actually goes up.” To view […]

AUSTIN, TEXAS, November 19th, 2020 – Today YCG, LLC (“YCG”) is pleased to announce that the firm has surpassed $1 billion in assets under management. Brian Yacktman, President, Founding Partner, President and Chief Investment Officer of YCG, thinks that the firm’s returns are just one part of the equation, however.   “These past few years, we […]

“I guess my point is that even if you had tomorrow’s newspaper in advance of everybody else, you still don’t know how to position the chips because……..the markets may not react according to what we all believe consensus is.  And so it just gets so difficult as you’re trying to predict what consensus is coming […]

Elliott Savage: “…essentially what we are looking for is dominant networks in industries that are growing at least as fast as GDP over time, and that’s kind of the  connector across almost all of the positions in the portfolio. A quick point on why network effects are so powerful. The reason is that value scales […]

“These are really true Global Champions that can perform well in a variety of scenarios.  They’ve actually proven to do well, even in Black Swan events………..So, we like that in a time of great uncertainty, here’s a business that can continue to act as a toll taker on Global Insurance activity.” View the Video All […]

“We view them pretty much like All-Weather stocks regardless of the outcome you pick. They seem to be fairly robust and we view them frankly, as Global Champions with enduring pricing power and a long runway for growth because they essentially act as a toll-taker on global insurance GDP.” View the Video All index and […]