Wautier Family Office | Lecturer at ScPo Paris | Contributor to Les Echos & Project Syndicate | Private Investor | WEF Speaker | Philanthropist
How do you expose the mediocre, substandard companies in the investment universe? It’s simple. Time. Perhaps Warren Buffett most eloquently made this observation: "Time is the friend of the wonderful company, the enemy of the mediocre.” The measurable financial benefits of this approach are becoming better recognized by the world's most prominent funds management and private equity businesses. Regulatory codes are beginning to be rewritten to re-engineer the basic tenets of shareholder primacy to include a broader view of “stakeholder capitalism” that emphasizes the long term as a means of making better business decisions. It is a fascinating trend that is gathering momentum, and any serious investor or capital allocator should consider it. Which company comes to your mind when you read the Buffett quote above? #PrivateEquity #WarrenBuffett #StakeholderCapitalism