How We Invest

How We Invest

We believe a long-term portfolio management approach with fundamental research is the most effective way to generate investment returns. We seek to invest in good businesses with increasingly relevant products or services, sustainable competitive advantages, quality management teams and ethical business practices.

Investment Philosophy

Our investment philosophy is to own good businesses at attractive valuations.

Investment Process

We follow a fundamental investment process to evaluate the intrinsic value of a company based on the future relevancy of the company's products or services, sustainable competitive advantages and management.

Risk Management

The primary source of risk management is at the individual security level. This includes a detailed analysis of the probability of permanent loss of capital and a rigorous fundamental investment process.

Sell Discipline

We will sell out of positions based on quantitative and qualitative metrics.