About Us

  • Research is at the center of everything we do. We work hard and dig in so we are prepared for the future. Deep domain expertise and constant learning keeps us on the leading edge of the industries we advise and invest in. We enjoy sharing our research and receiving feedback from sophisticated investors within our community with various perspectives.

    “When a management with a reputation for brilliance tackles a business with a reputation for poor fundamental economics, it is the reputation of the business that remains intact.” Warren Buffett

  • We are patient, long-term oriented, value investors. We look for opportunities where there is low interest. We can manage accounts through SMA's or we invest our own capital and undertake larger projects that allow for LP participation.

    “There are no called strikes in investing. Strikes occur only when you swing and miss.” Warren Buffett

    “You should invest in a business that even a fool can run, because someday a fool will.” Warren Buffett

  • We are happy to consult or advise our community of sophisticated investors where our domain and/or transaction expertise can be helpful. We can make introductions to strategic or financial partners that can help companies execute on their strategic plan. Our team of former colleagues, business partners and friends is vast and they stand willing to help us and our community. We build long-term relationships with all of those we encounter and this has had ripples throughout our investment journey.

    “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” Warren Buffett

  • We enjoy the pursuit of alpha and enjoy meeting thoughtful people along our investment journey. The Westport community is a wonderful home with a community of globally minded sophisticated investors from many areas of finance. We are members of the CCDC Board of Directors and Coaches of our kids teams. We look forward to seeing you for coffee or on the sidelines!

    “I work with nothing but people I like. There’s not one person I work with that causes my stomach to churn in the least. In fact, I feel like tap dancing.” Warren Buffett

The Winning Process

Developed with Learnings from Citadel

  • The most important asset in any organization are the people. Recruiting the best, providing the best training, optimally motivating them and ultimately retaining them is the key to an organizations long-term success and viability.

    Reading “Who” by Geoff Smart is a good place to start learning about implementing a leading edge recruiting process. Both Ken Griffin’s Citadel and Jamie Diamond are mentioned in the book as benefiting from the process.

  • Process for investment decisions, process for capital allocations, process for recruiting, process for promoting the team, process for risk management, process for business planning and Analyst coverage, etc…are hallmarks of the success I had at Citadel.

    We developed processes for everything we did. We implemented it, analyzed it and improved it. We used data and technology to their fullest and were on the leading edge of implementing these resources to improve all the processes we engaged in.

    The process is never stagnant, it is always being challenged and improved based on data and results.

  • Everything is measured and the data utilized to improve the process. Everyone is held accountable for their results. Employees are expected to be on the leading edge in their field and be the best. Asking for more responsibility is encouraged and rewarded. Team members are expected to train their replacements so that they can take on more responsibility and the organization thrives too. It is a culture of excellence and always being on the leading edge.

  • Outcomes (i.e. profit) are measured regularly and transparent throughout the organization. Competitive people want to win and thrive on competition, on being the best. Risk taking is encouraged. Refining the process is mandatory. Producers are rewarded with more responsibility while the next generation of super-stars are being recruited and trained.

    People - Process - Profits