About The Portfolio
The Saga Portfolio is a fundamental, long-only, public equity investment strategy. Its goal is to provide returns above the general market over the long-term by investing in a small number of great businesses run by great managers.
Companies are selected based on three main criteria:
Is the company growing a durable competitive advantage?
Is management high caliber and thinks/acts like owners?
Does the current price provide an attractive return if the company is owned for 10+ years?
Opportunities are difficult to find, so if a company meets our criteria, the Portfolio will take fairly concentrated positions in its highest conviction ideas, typically holding ~10 companies. The best way to learn more about the Saga Portfolio investment strategy is to read past investor letters.
About The Team
Lead Portfolio Manager
Joe graduated from Miami University with a B.S. in Finance. Prior to founding Saga Partners he worked in equity research at KeyBanc Capital Markets and corporate banking at PNC Bank.
Michael graduated from Ohio State University with a B.A. in Economics and from Ohio University with an M.S. in Finance. Prior to founding Saga Partners, he ran Nowacki Asset Management, an investment advisory firm managing customized accounts.
Prior to joining Saga Partners, Richard worked as a technology consultant at Ernst & Young. Richard graduated with a BComm from Queen's University in Canada.