Craig Millar /
April 10th, 2019
Global Strategy First Quarter Review
How do you define high quality? Obviously, there is no singular definition. However, generally speaking, high quality businesses share many of the same attributes. Quality businesses tend to have strong growth prospects (in excess of global GDP growth), strong brands, high margins and profitability, strong cash generation, earnings stability, operating efficiency, high barriers to entry, and lower share price volatility.