OUR INVESTMENT PROCESS
WHAT WE LOOK FOR IN COMPANY
Good business economics
We assess a company’s growth opportunities, its ability to generate cash and sustainable returns on capital, its capital structure, and the strengths and weaknesses of the industry in which it operates.
We place significant emphasis on the management team who are responsible for capital allocation decisions. We consider their track record, how they operate the business, their personal traits, and whether or now they are disciplined stewards of shareholder capital.
We make sure that we aren’t overpaying for the value we are receiving by understanding the intrinsic value and the range of possible outcomes.
We evaluate how a company manages environmental, social and governance issues strategically for the long term.