Alignment

Turtle Creek is where we are investing all of our wealth, and it is where a number of unitholders who know us well have had all of their wealth for many years now.  Turtle Creek is not run by 'salaried' money managers who will simply move on to a new job if their returns are poor.  Turtle Creek is run by us – its founders and largest investors.  We are investing all of our own wealth here, to the best of our ability, and it happens that the type of investments we make and the approach we follow allows us to manage much more than our own capital without impacting our investment returns.  This strong alignment eliminates concerns as to conflicts of interest and lack of focus and attention from your wealth manager.  In essence, it eliminates a number of the risks of choosing a manager and allows you to focus on a more limited set of criteria, such as:  is the manager capable, experienced and hard working.  Rest assured, we are all of the above.