We believe great outcomes are achievable when clients
are meaningfully invested in a limited number of good businesses, selected on valuation and quality grounds, and
are prepared to remain invested through business cycles and market volatility
To this end we offer two essential services —
long-term oriented, valuation-based investing, and
clear and relevant insight that empowers clients to withstand inevitable periods of uncertainty
Our investment approach is best illustrated in our memos to clients, and best demonstrated through our portfolio actions.
Relevant and detailed insight is included with our monthly reporting.