“We never invest in a business we do not understand”
cit. Warren Buffet
We value independent research
Our methodology is based on in-depth study of individual companies. We exploit opportunities between market price, overlooked catalysts and poorly understood long-term competitive advantages.
Rational Principles
Our long only strategies are based on the search for valuation mismatch, i.e., companies whose price is largely underestimated by the market. We exploit asymmetries between the stock market price and the intrinsic value of the business, investing only in cases of significant upside vs. the risks involved.
Repeatable Process
Our alternative strategies focus on providing returns uncorrelated to the market. Our long/short strategies leverage our network of experts in geopolitics and global affairs in order to gain a unique understanding of the macro and micro environment. Our venture capital fund focuses on blockchain technology.
Active
Independent from the benchmark, used only as a reference for measuring results.
Flexible
The portfolio is restructured according to changing economic and financial conditions.
Opportunistic
We exploit times of volatility and market stress, as they generate the best opportunities.