We preserve and compound capital by investing in high quality businesses with unique competitive advantages that should generate higher than average returns on invested capital over long periods of time. When making an investment in a business, we seek to pay a fair to attractive price relative to our estimate of value. Our approach leads us to ignore broader market noise and focus on individual securities, instead of mutual funds and ETFs, to generate long-term success.
We implement all of this on your behalf by careful and deliberate investment selection, minimizing taxes and transaction costs, and by allowing the power of long-term compounding to take hold.
If our approach resonates with you we would like to hear from you.