An Independent Investment Manager
Mission, Vision, and Strategy
Our Mission
To generate exceptional investment returns over multiple decades
Our Vision
To attract and retain the best investor base in our industry by delivering on our Mission and adhering to the principles of Simplicity and Alignment
Our Investment Strategy
To buy ownership stakes in roughly 10 exceptional public companies at attractive prices and hold them for many years
Guiding
Principles
1. We prioritize Simplicity & Alignment across all organizational and investment decisions
2. We believe that the most important competitive advantage of an investment firm is the Quality, Alignment and Duration of its capital base – in other words, its clients
3. We optimize for Duration of client relationships over size or assets under management (AUM)
4. We strive to be Patient – both in our search for new investment opportunities and new client partners
5. We endeavor to strip away behavioral constraints, organizational barriers, and sources of misalignment which reduce the odds of superior long-term investment performance
6. We believe in the importance of Humility – investing is humbling; markets are humbling; and serving as a fiduciary and steward of our clients’ assets is a tremendous responsibility