This episode, we discuss our seven-point management assessment framework (with examples), our risk management approach, and overall thoughts on energy.   Highlights: Why it’s difficult to find energy companies with sustainable competitive advantages—and where we see some opportunities—e.g., Parex Resources and International Petroleum Corporation Another way to look at geographic diversification? Revenue profiles in the portfolio (e.g., Jamieson Wellness Inc.) Diving into our Management Assessment Framework (MAF) and how we use it to determine if a management team is effective—E.g., Uni-Select and Element Fleet Visiting each floor of “The Mawer Risk Elevator”—and why the decision-making environment is the foundational level How rising interest rates can impact wealth creation