Over the course of the next five years, the operation swelled in size, with the $15 million in firmwide assets Boskovich started with originally ballooning to $200 million during the period.
To meet this criteria, Boskovich prefers management with a high level of skin in the game. That means 30%, 40%, or even 50% ownership in the company. This ensures that the company's leadership is making capital allocations that are most consistent with growing shareholder value. An alignment of these views is something that Boskovich views as absolutely critical to investment selection.
In addition to cash generation, Boskovich also looks to identify catalysts that will unlock value going forward. This includes: shifts in management and strategy, new products, and potential acquisitions and divestitures. He continued: "That entertainment division is kind of a breakout business, and company revenue should double in the next 12 months because of that breakout business."
Where did the 30 percent go that came off the market, why can’t it come back on the market.
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