Research & analysis For Better Investment Outcomes
Understanding how businesses create extra value is the key to determining their fair price. Business moats and competitive dynamics change over time and finding the long lived business advantage at a good price is not easy.
Investing is serious business. In life serious choices are often best made with a 2nd or 3rd opinion.
We can help your investment choices by working with your current investment processes or capital allocations to discover opportunities for improvement or simplification.
The book, The Nature of Value (out in spring 2014) explains our philosophy for how value gets created, sustained and managed.