Old Bridge Capital Management

The firm remains prudent about paying infinite valuations for great quality businesses and is wary of companies taking large financial risks. For this the firm looks at businesses early into a cycle and is willing to be patient as they emerge. Low valuations and low leverage in the firm's portfolio choices help the firm focus on managing risk. Economic cycles and markets provide the firm with the upsides. The philosophy is rooted in the concept of margin of safety: the firm builds portfolios designed for durability, buying enduring businesses at appropriate valuations so that protection is built in even if estimates prove incorrect.