PRINCIPLES

Investment is about experience and process. Superior performance requires also character. We measure our work on real outcomes, not clever arguments or intentions.

Independence of judgement

We rely uniquely on facts and our own judgement. We are not influenced by prevailing market views or the behaviour of others.

Flexibility

We constantly reassess our views and change them when facts change. All investors make mistakes; clever investors learn from them.

Creativity

We strive to look at things differently, foster ingenuity and search for ideas “off the beaten track”.

Conviction

We believe in concentrated portfolios built around best researched investment ideas.