Zachary joined First Manhattan Co. in 2015 and is the firm's Chief Executive Officer and a Portfolio Manager. Zachary manages accounts for individuals, partnerships, trusts, retirement accounts, and endowments. When evaluating a potential investment, Zachary focuses on the quality of the management team and believes that a high functioning, competitive culture is essential to a company's long-term success.
Additionally, balance sheet strength, growth potential, and durability of competitive positioning are key components of an investment decision. By focusing on owning the highest quality businesses at reasonable valuations and adhering to the time tested philosophy described as "Rule #1 is don't lose money and Rule #2 is don't forget Rule #1," Zachary seeks to both compound and protect client capital.
Portfolio construction and management
As a Portfolio Manager, Zachary seeks to:
- Prioritize quality with regard to 1) management, 2) durability of competitive advantage, 3) growth potential, and 4) financial strength
- Focus on the long term compounding of capital and invests his personal capital directly alongside clients
- Act with focus and humility in managing risk and protecting clients