Our investment philosophy or overall guiding principle is to achieve superior long term returns without taking unacceptable risks.
“In investing, you have to take risks and assume you don’t make too many mistakes, because even good managers are wrong somewhere around 40% percent of the time (Leo de Bever, CEO)”
Our clients have a limited capacity to absorb downside risk and our job is to maximize long-term return on that risk.
We also believe that asset classes are less important than a good understanding of return on risk. We believe that some of the best investment opportunities do not fit asset class silos. For this reason, we have abandoned strict asset class silos and are encouraging cooperation on opportunities that do not fit neatly in a traditional asset class.