On today’s episode, Clay is joined by Andrew Brenton to discuss his biggest investment lessons from beating the market over the past 25 years.
Andrew Brenton is the CEO and co-founder of Turtle Creek Asset Management. Since its inception in 1998, Turtle Creek has achieved an average annual return of 20.3% versus just 8.3% for the S&P 500. $10,000 invested into their fund at inception would have grown to over $1.2 million as of September 30th, 2024, and had that money been invested in the market, it would have been worth around $75,000.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:39 - The fundamental drawbacks of a buy-and-hold investment strategy.
10:58 - Why the stock market in the US is becoming less efficient over time.
28:48 - How Andrew thinks about allocating to AI and software businesses in his portfolio.
38:51 - How Turtle Creek manages risk investing in stocks.
52:55 - Why Turtle Creek added Kinsale Capital to their portfolio this year.
01:00:02 - What keeps Andrew going after 30 years in the industry.
And so much more!
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
- Check out Turtle Creek Asset Management.
- Related Episode: Listen to TIP592: Outperforming the Market Since 1998 w/ Andrew Brenton, or watch the video.
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