Top Fund Manager's 3 Stock Picks to Withstand Volatility.
Barrons Mutual Fund Profile:
Investing in Pricing Power
Fox Business - Brian discusses AON and MMC
An interview with Brian Yacktman & Elliott Savage: Investing in companies with Network Effects and Enduring Pricing Power
Brian Yacktman talks about Disney
Elliott Savage discusses Global Champions with pricing power
Brian Yacktman's Stock Picks: CPRT, MSCI, MCO & MA
Elliott Savage Talks about the Market, MMC, AON & Nike
YCG, LLC crosses the Threshold of $1 billion in Assets under Management
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...
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Brian Yacktman discusses the election, MSCI and Microsoft with Bloomberg
Brian Yacktman: ".....we just don't pick stocks based on who wins the election. We just think the best approach is to own Global Champions that we think will yield great results in multiple scenarios. " To listen to the full...
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Brian Yacktman discusses the impact of COVID and the election on markets
"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...
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Investing in companies with Network Effects and Enduring Pricing Power
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...
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Brian Yacktman on avoiding the epicenter of speculation
"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...
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Brian Yacktman talks about the markets, Covid-19 and Apple with Cheddar TV
"......it does feel a little bit like the calm before the storm. But at the same time, we're not saying to evacuate because we feel like there's plenty of Global Champion stocks where investors can take refuge from the storm....
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Brian Yacktman discusses Aon & Marsh McLennan on Fox Business Countdown Closer with Liz Claman
"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...
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Brian Yacktman discusses Estee Lauder with Bloomberg Radio
"I think the key is, as an investor you are buying ownership in a business. So, the key is to focus on businesses with proven business models and particularly, they need to be conservatively capitalized so that you know that...
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Barron’s – Brian Yacktman comments on Estée Lauder
“Sometimes, the best investment opportunities are those where there is a temporary problem, but you can see that the business is sustainable and will come out the other side stronger,” says Brian Yacktman, founder and president of YCG Investments. “Estée...
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Brian Yacktman comments on Tech names Microsoft and Facebook
“The market has entered more of a casino mentality than ever before,” said Brian Yacktman, chief investment officer of YCG Investments, which oversees close to $1 billion in assets. “Anytime momentum is disrupted, it makes people start to question what they’re buying...
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Elliott Savage discusses the impact of the Panademic on Economic Recovery
"We just think that it's going to be a long time until we know all the answers on both the virus and its impact on the economy. And so, we really think that the best approach is to own a...
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Brian Yacktman discusses investing in “toll-takers” CBRE and Amadeus
...since it’s difficult to gauge just how long the pandemic will continue to throttle the economy, investors would be wise to shy away from shares of capital-intensive, highly leveraged companies. In other words, if you want to play the battered...
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Brian Yacktman discusses investment opportunities in globally networked companies Amadeus, CBRE and Adidas
" So I just think that this is a time where things are so unpredictable that the best way.... is to position yourself in these Global Champions that will last. That they have these dominant franchises that can last. They...
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Barrons : Investing in Pricing Power
Brian Yacktman has no shortage of anecdotes about investment wisdom gleaned from his father, legendary value manager Don Yacktman. One memory that made a big impression was driving past a car dealership on the way to a baseball game when...
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Brian Yacktman discusses the benefits of investing in Global Champions in a volatile market
"So, we think that the best recipe in this environment is to focus on owning a collection of Global Champions that have, ........... very dominant Network effects, where it allows them to have pricing power." View the Video All index...
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Brian Yacktman discusses finding opportunities through Global Champions, with Bloomberg Radio
Brian Yacktman - "So, I think the best way to always position, particularly in an environment like this, is you want to be, as we put it, in global Champions. But what I'm thinking of here is dominant franchises....." To...
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Brian Yacktman discusses Booking and Mastercard
"...over the long run travel should continue to maintain its share of GDP, and in fact, actually grow its share of GDP and Booking essentially almost acts like a toll taker on the travel industry due to their powerful network...
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Brian Yacktman comments on virus flatlining numbers
“I don’t think that this problem’s going away any time soon, but investors are peering at the prospect of hope that it could be turning,” Brian Yacktman, chief investment officer and portfolio manager of the YCG Enhanced Fund, told The...
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Elliott Savage – Finding opportunities in Volatile markets
Elliott Savage: ".......we think that investors tend to over discount short to medium-term news and that it's a good opportunity to trim some of the stocks that are outperforming and to add to some of the ones that are underperforming....."...
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Brian Yacktman discusses Keys to Investing with Money Savage host George Grombacher
Brian Yacktman "......we have found there's just great value in fishing in a pond that stacks the odds in your favor by investing among very high-quality businesses.........So, we're looking to invest in the very few businesses that have the ability...
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Elliott Savage discusses the impact of COVID-19 on Markets
"Banks we view as a great hedge because they've actually been hurt by all these declines in interest rates, and so , if we think banks can survive deep recessions, and also provide that hedging ability for the rest of...
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Brian Yacktman discusses the meaning of “Enduring Pricing Power” with Chuck Jaffe of the MoneyLife Show
Brian Yacktman:".....you just want to align yourself in businesses that can participate and benefit from all of this global wealth creation that will continue. We basically designed a strategy that we believe helps you participate in the upside while still...
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The YCG Enhanced Fund (YCGEX)
For conservative (i.e. “rational”) growth investors, this has clearly been a top 10 fund. Competitive returns and exceptional downside resilience are complemented by exceedingly high sustainability scores, especially with regard to carbon exposure. It should clearly be on their short...
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Yacktman’s Thoughts on the Coronavirus and Luxury-brand Stocks that have Sustainable Global Networks
Brian Yacktman: "Well, I think right now it's a case of investor myopia where investors are purely looking at a single variable. They're just looking at the Coronavirus and then trying to change their game plan around that and the...
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Brian Yacktman Comments on Tesla (TSLA) Stock
Business Insider: "On the other side of the debate is Brian Yacktman, the founder of YCG Funds. He says Tesla's recent surge has been the result of short-selling and investors not wanting to miss out. He told us he's steering...
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An Investor Crushing 98% of his Peers told us why Tesla’s meteoric rise echoes the dot.com bubble era
"The Austin-based fund manager is sitting out the rally that has nearly doubled Tesla's stock price within a month. And he says it would be wise for others to do the same. "I think it's super dangerous to buy in now...
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Elliott Savage Discusses Global Champions with Pricing Power
"...what we like about Visa is that it's the largest payment processor in the world and has this incredible network effect that we think enables the company to scale exponentially in value relative to its size. Therefore, the bigger it...
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How Investors Should Approach Estee Lauder Ahead of Earnings
"...they're one of the largest luxury cosmetics companies in the world and what we like about that is that they have a network of brands and a network of consumers all over the world who associate their brands with wealth,...
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Why One Money Manager says Estee Lauder can Keep Raising Prices, Even in the Face of Coronavirus
"...so if you step back a little bit and think about the world, technological innovation is driving down the prices of almost all goods. However, there are these rare goods and services that can actually have their prices rise over...
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Top 6 Mutual Funds And ETFs To Buy For 2020
The YCG Enhanced Fund (YCGEX), a relative newcomer to the actively managed equity mutual funds universe (having been launched at the end of 2012), has drawn attention for its options-enhanced value strategy. In addition, its performance in 2017, 2018, and...
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Mutual Funds That Rank High on Sustainability Are Outperforming the Market
The YCG Enhanced fund (YCGEX), run by the firm founded by Brian Yacktman, son of legendary contrarian investor Donald Yacktman. The fund isn’t managed for ESG, but seeks to benefit from behavioral quirks like overconfidence and short-termism, says co-manager Elliott...
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Elliott Savage Talks about the Market, MMC, AON & Nike
Elliott Savage: "...I think that what often gets missed is that six billion people in the world live on less than thirty two dollars a day and they effectively have not had access to the human innovation network the the...
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Where’s the risk? U.S. fund managers bet on bull run in 2020
"...Yet fund managers say that lingering issues on trade and the U.S. elections in November could still weigh on returns in 2020, leaving long-shunned U.S. value stocks and international equities primed to outperform in the year ahead. “You’re going into...
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Wall Street’s 7 Top-Performing Investors
"...even amid a robust market environment that saw every major stock index climb for the year, a handful of fund managers stood out as the cream of the crop. These were the people and firms that were still able to...
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Yacktman Sees Shining Stars in Stocks
Brian Yacktman: "...I want enduring value, just because something's high on a PE basis doesn't mean that it's a bad value because some businesses if they don't require a lot of capital then that PE ratio can naturally be higher...
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Brian Yacktman’s Stock Picks: CPRT, MSCI, MCO & MA
Brian Yacktman: "Primarily we're looking for Global Champions that have enduring pricing power and a long runway for growth with network effects to them...and even though they've done so well so far this year we still believe that they'll continue...
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This Fund Manager Consistently Beats the Stock Market by Exploiting Your Foibles
"Many investors go to business school to improve their investing prowess. They might as well study psychology. Exploiting the perennial character flaws of other investors is a key path to market-beating returns. It certainly helps explain the outperformance of the YCG...
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Brian Yacktman Talks About Disney
Brian Yacktman: "It's that flywheel effect - and that's what gives us confidence. So when you compare with all the other businesses that are competing in the streaming/content space, the competition is fierce and it seems like a race to...
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Brian Yacktman on Investing in Insurance Brokerages
Brian Yacktman: "...the two largest insurance brokerage firms AON (AON) and Marsh & McLennan (MMC), in our opinion are great examples of global champions and where the insurance business is fairly acyclical - indexed to GDP over time. Even if...
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Drive to the Close with Brian Yacktman
[Brian's interview starting at 36:18 in the show] Brian Yacktman: "...AON (AON) and Marsh & McLennan (MMC) and here's the thing about it - if you're uncomfortable to invest because you're worried...what if global GDP slows down? First of all,...
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Brian Yacktman Talks Established Companies vs. Upcoming IPO Stocks
Brian Yacktman: "...When you compare We Work versus say CBRE you have We Work which is this brand new untested unproven model particularly in recessions. You have CBRE Group, which is this Global Champion with pricing power that has a...
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Beauty Stocks Look Pretty After Upbeat Estee Lauder Earnings
“Cosmetic companies aren’t completely immune to tariff threats, but people are more willing to spend money on personal-care products in times of economic uncertainty, and they’re typically one of the last things that people will cut back on,” said Brian...
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Stock market gyrates as the economic picture gets blurred
“What’s been abnormal is the super-low volatility” that investors have been enjoying for much of this bull market, which began in 2009, said Brian Yacktman, portfolio manager of the YCG Enhanced fund. He sees the volatility as an opportunity to...
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Brian Yacktman on How to Navigate a Volatile Market
Brian Yacktman: "...It's led to a real debt binge in the world and all starts not just in stocks. But you know Venture Capital private Equity Etc. And so the issue is that eventually, you know, as rates have gone...
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Investing Tips: Three Bank Stocks to Buy
Brian Yacktman - "...we're looking at the three biggest US deposit franchises JPMorgan Chase Bank of America, and of course Wells Fargo, we think all three of them are being overly discounted in this environment because obviously as investors focus...
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Charting His Own Course
"...The latest Yacktman to make his mark on the mutual fund world is Donald’s 40-year-old son Brian, who founded YCG Investments in 2007 after working at his father’s firm for a few years. Today, YCG manages some $750 million, with...
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AG Barr’s promise to probe Big Tech does the unthinkable
“They’re politically caught in the crosshairs,” said Brian Yacktman, founder of YCG Investments, which oversees over $750 million and owns shares of Facebook and Alphabet. “What’s bipartisan is that people are concerned about companies having too much power and too...
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Opinion: Why the big tech stocks are now contrarian buys
"...But history shows that investors can continue to do well even during antitrust investigations and other kinds of heightened regulatory scrutiny on companies. Brian Yacktman, portfolio manager for the YCG Enhanced Fund YCGEX, thinks worries about Alphabet are overblown, citing concerns...
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Brian Yacktman is Confident in Long-Term Luxury Prices
Brian Yacktman "...so rates coming down obviously isn't good when you're lending short investing long and you have a flatter curve. And and it just seems like the entire as you near the bottom of the interest rates. It starts...
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Brian Yacktman featured guest on Bloomberg Radio
[Brian's interview begins at 27:30 into the show] "Brian Yacktman is the Chief investment officer / portfolio manager of the YCG Enhanced Fund. It's a broad market value fund, its nearly up 30 percent this year according to our data...
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Pay-to-Play by Mutual Fund Companies and Brokerages is Hurting Investors, Here’s How
"...From his office in Austin, Texas, Brian Yacktman runs a large-company stock fund that has beaten the S&P 500, and 97% of its peers, over the past five years. This year, the fund, YCG Enhanced, is up 29%, beating the market...
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The Best Mutual Funds You’ve Never Heard Of
"...Yacktman says living in Austin helps him avoid Wall Street “narratives that plague investors’ minds.” Overconfidence often leads to picking riskier stocks. And investors tend to be myopic, focusing on short-term macro issues or temporary setbacks. “Last year, everyone said...
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Producing Returns with a Portfolio of Global Champions
Brian Yacktman: "The option enhancement is along the same lines of investors seeking to make a quick buck whereby we have noticed that investors on average are overpaying for options. We believe we are more like the house and are...
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Stock-Market Investors Shouldn’t Bet Against Globalization
"...Don’t bet against a growing, global middle class, even if rising trade tensions are casting doubt over the momentum behind globalization at the moment, argues mutual-fund manager Brian Yacktman. “People always get so caught up in the weeds about what’s...
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5 Cheap Stocks to Ride Out the Trade War
"...Brian Yacktman, manager of the YCG Enhanced Fund (YCGEX), which ranks near the top of its peer group for one-, three-, and five-year performance, calls Schwab the Amazon of financial services. "They're a low cost leader which is great for...
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Which Technology Stocks Make Better Investments During a Trade War?
"...However, for longer term equity investors, safe, stable ground is available even in this market. "We want global champions," Brian Yacktman, President and CIO of YCG Funds and portfolio manager of the YCG Enhanced Fund (YCGEX) told TheStreet. "We're meaning that they're very...
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Yacktman on Investing in Global Champions
Brian Yacktman "...overall we have a collection of global Champions that have enduring pricing power and where we can see a clear path to long-term growth opportunities and then particularly if you're concerned about fears in the short run you...
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Top Fund Manager’s 3 Stock Picks to Withstand Volatility
Brian Yacktman - "...from a big backdrop we’re looking at a deflationary world, where you’ve got lots of innovation, things are getting better and faster, a lot of disruption and its great for consumers, but it’s wreaking havoc on investors....
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Brian Yacktman speaks about YCG’s Strategy and about Moody’s
Brian Yacktman - "...when you talk about growth and value, we think in different terms. I think growth guys are thinking about top-line revenue. When you think about value, they’re typically thinking statistically cheap businesses. And, I think that at...
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The YCG Enhanced Fund Profile Article
"...For fund manager Brian Yacktman, the secret to winning performance is a concentrated portfolio of what he calls “global champions.” Yacktman, who oversees the YCG Enhanced Fund, said such companies enjoy “enduring pricing power and long-term volume growth” as the global...
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Brian Yacktman Talks Interest Rates and Global Champions
Brian Yacktman - "...So, I think that right now people are really concerned about this yield curve inversion, and historically, simply because it has been pretty accurate in predicting recessions, but even if it were to predict it one hundred...
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Brian Yacktman Talks About Charles Schwab with Liz Claman
Brian Yacktman - "...Charles Schwab is essentially, like Amazon, they’re strategy is to offer the most products and services at the lowest price possible. And they are the lowest cost producer. So, Charles Schwab, 17 basis points is the cost...
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Elliott Savage comments on Boeing with Reporter Amy Daniels
“The initial shock about Boeing’s problems caused its stock to really sell-off and they have extensive issues to fix, but in the long run it’s probably not as bad for the business as the initial sell-off suggested,” said Elliott Savage,...
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Brian Yacktman Speaks on Enduring Pricing Power
Brian Yacktman, president and chief investment officer at YCG Investments, an independent advisory firm in Austin, Texas, said he believes Estée Lauder has the power to raise prices without much pushback from consumers because of the value of its products....
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Brian Yacktman Interview with Money Life host Chuck Jaffe
Brian Yacktman - "...when you bring up price, of course price is a huge element because you need to make sure that the price in which you’re buying these global champions is at a price at which we believe will...
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Brian Yacktman Comments on this Current Earnings Season and on China
“It’s been a mixed bag of earnings reports and concerns still loom, it’s uncertainty that causes these pauses in the markets,” said Brian Yacktman, chief investment officer at YCG Enhanced Fund in Austin, Texas. “The uncertainty of the ongoing trade...
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Brian Yacktman Comments on the Fed and China
"We started the year on edge, but Powell has shown that the Fed will be accommodative," said Brian Yacktman, president and chief investment officer with YCG Investments. For now, optimism about the US economy trumps other lingering worries — including...
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Why Ferrari May Be a Better Investment than Tesla
Brian Yacktman - "...we're not big fans of Tesla because it doesn't fit into our story of a global dominant company that has enduring pricing power. Think of all the competitors and entrants that can come in over time driving...
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Stocks to Watch Amid US-China Trade Talks
Brian Yacktman - "...we view them as Global Champions because they are so dominant. They're so deeply entrenched in the economic system. They're not going away anytime soon. So as a long-term investor, we're looking for businesses that can endure...
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Brian Yacktman Comments on Oracle
“Oracle will likely need to constantly acquire businesses to transform and grow, and we don’t know whether or not they’ll be wise stewards over the capital they spend trying to achieve that growth,” Brian Yacktman, chief investment officer and portfolio...
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Brian Yacktman Comments on Facebook
“I don’t think this is a huge risk because he is funding this foundation with his Facebook stock,” said Brian Yacktman, chief investment officer of YCG Investments, which owns over $5 million worth of Facebook shares. “He’s hugely incentivized to...
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Brian Yacktman Interview with Money Life Host Chuck Jaffe
Brian Yacktman - "...Just to give you like a sense of what I have going on in my mind right now as I’m talking about this predictability, I read a stat - in the office here we do something each...
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Brian Yacktman Interview with Money Life Host Chuck Jaffe
Brian Yacktman - "...Well, in short, we're looking for above average businesses at below average prices, ideally. And the reason for that, just about a month ago I came across a study, I think was Longboard, that showed about 45%...
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An Options-Enhanced Value Strategy
"Price is about developing the forward rate of return that we can expect and then figuring out the best place to allocate capital based on risk-adjusted returns...But the ideal business is one that is capital-light, non-cyclical and part of that...
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Manual of Ideas Interview with Brian Yacktman & Elliott Savage
Elliott Savage: "We could talk about the relative merits of network effects versus brands versus switching costs, and so on, but we believe a discussion of this sort doesn’t provide a completely satisfying answer. At their core, we believe the...
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Launch of the YCG Enhanced Fund (YCGEX)
YCG, LLC, formerly known as Yacktman Capital Group, LLC, reached the milestone of a 5-year track record with its flagship Concentrated with OptionEnhancement Composite Strategy. The firm has now launched a no-load mutual fund, the YCG Enhanced Fund (YCGEX) at...
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