quality

Tim Kelley

Recent research by Montgomery shows that not only are high-quality businesses, running ahead of their intrinsic value. So, too, are the largest names on the ASX, which means long-term investors should approach this market with a degree of caution. Recently, we asked the question: is this problem more acute in... Show More

Hyperion Asset Management

In our view, a quality company has a sustainable competitive advantage, strong organic growth options, high return on capital, excellent management, limited need for capital expenditure or debt and reasonably predictable long-term earning streams. Based on our experience, we can carefully define and quantify these characteristics. Quality companies should outperform... Show More