Our Investment Principles
We are business owners and not stock speculators
We seek to generate long term returns through investments in a portfolio of franchise companies, purchased with a margin of safety
We become experts in select business models and industries
We apply a distinctive and nuanced lens to the marketplace, which allows us to participate in unique situations and opportunities
We are structured for the long term, and do not get distracted by the day to day and short term “noise” of the benchmark driven market
The power
of compounding
Expertise on Specific
Business Models
Overlooked Situations
Under-Appreciated
High-Quality Businesses
In-depth Value
Chain Expertise
Installed Base
Brands
Radial Oligopoly
Marketplaces
(X)aaS
Data Lock
Affluent Consumer
Beverages/ Coffee
Retail/ Restaurants
Corporate Actions
(Spin-off/Carve-outs, M&A)
Myopic Pessimism
Family Owned / Under-covered
Focus Strategy
Dissecting the Investment Universe