Principles - Patient Investing
As we consider our investments in listed shares akin to that of joint business owners, we accordingly take a patient approach toward investing.
While typical fund managers own shares, BSC owns businesses (albeit minority stakes). This difference in approach often stems from nothing other than our mindset and is a key tenet that underpins our long investment horizon.
Other benefits of our slow moving approach are reduced transaction costs, lower taxes and freeing up management's time to identify new businesses to invest in.