We are all connected
In a highly interconnected world of constant change, effort  is made to challenge established perceptions and update convictions.

Embrace  change
We do our best to anticipate changes before they become consensus. Greatest rewards have been mostly the result of upholding  well researched  views  that were least expected  by prevailing wisdom.

Knowledge is power
Convictions are built by deep dives in understanding the businesses from an operating point of view. Ad hoc  fundamental analysis follows.  Unappreciated value is often found  in under-researched and misunderstood  businesses.

Nice guys finish first
Ethical, social, environmental and governance issues play a role in our investment decisions.

Discipline
We stay firm and disciplined to principles  in  pursuing our convictions. We concede to Benjamin Graham’s  “The investor’s chief problem and even his worst enemy is likely to be himself.”