FOCUS ON GOOD COMPANIESWe seek companies with clear and sustainable competitive advantages that make them profitable and resilient
LONG TERMWe develop investment thesis with a horizon of years. We do not seek to predict short-term stock market fluctuations
MARGIN OF SAFETYWe believe that demanding a margin of safety in the purchase price is the most efficient way to reduce risk
DISCIPLINE AND PATIENCEWe maintain rigorous analytical standards and wait for exceptional opportunities to arise
Contact us
All letters