We are value investors who think like business owners, seeking to own companies that offer compelling potential returns relative to their investment risk.

Our strategy capitalizes on significant gaps between short-term market prices and long-term intrinsic value, leveraging a focused, disciplined approach to value investing.

At the core of our process is rigorous, fundamental research. We leave no stone unturned in our pursuit of high-quality investments.

We target a concentrated set of undervalued companies with strong growth potential, prioritizing owner-operated businesses that are shareholder-friendly, disciplined in capital allocation, and committed to long-term value creation.

We invest in exceptional businesses with durable competitive advantages. Companies with low capital requirements, high returns on equity, and significant tangible assets, all while maintaining little to no debt.