Our Process

Process

  • Adhere to strict set of characteristics and criteria

  • Target strong secular growth opportunities

  • Perform detailed valuation analysis

  • Purchase companies trading at a discount

  • Manage weights based on evolving risk / reward

Risk Management

  • Rely on in-depth, proprietary analysis

  • Fundamental, bottom-up research

  • Constant attribution measurement

  • Daily portfolio construction / weightings

  • Adhere to sell discipline

Sell Discipline

  • A multi-faceted approach to valuation

  • Discounted cash flow, private market values

  • Relative valuation (both P/E and EBITDA)

  • Invest at a discount to intrinsic valuation

  • Long-term ownership with a built in “margin of safety”