By FAF Research:I like to track prominent hedge fund holdings. In this article I analyze Glenn Greenberg's Brave Warrior Capital holdings. Greenberg invests in companies with little competition, and places a great deal of emphasis on Return On Invested Capital (ROIC). The fund has a portfolio value of $1.6 billion and its 10 top holdings equal 90% of the whole portfolio, an evidence of Brave Warrior's focus on position concentration.
"Warrior" is a movie about two estranged brothers on opposite sides of Pennsylvania who fight in an MMA competition. I have no recollection of it coming out in the fall of 2011, and the fact that it's available to stream on Netflix (exactly zero new popular movies are on streaming) tells you that it's a pretty under the radar movie.
What is your start-up story?
18 years ago, when I saw what they were doing in Sydney it inspired me to revolutionise the pub scene in the UK. I loved the combination of quality food mixed with vertical drinking. At that time I also questioned why we had to have poor wine, poor food and generally awful pubs. I wanted to change that…