We're disciplined about sticking to our knitting.
We have a defined investment philosophy, and we intend to live by it. This is nothing fancy or radical or exciting, but it does involve being steadfast and single minded.
We look for a particular type of company. They may or may not be household names, but they need to have a certain reputation for quality, and sell products or services that people come back to buy time and time again. They also travel light — by which we mean they don’t have a lot of capital assets. There is more risk attached to companies that own lots of real estate or planes or oil rigs, as with so much money invested in physical stuff, an attractive return on capital is much harder to achieve.
We also make it our business to get to know the boards and management teams of our companies. Finding out how they operate and understanding their long-term plans is imperative. We don’t flit and dabble with fads and fashions. We keep the faith.
We eat our own cooking
We invest our clients’ savings alongside our own. So they can rest assured that we always have their best interests at heart.
Knowledge is power. That’s why we undertake detailed statistical and quantitative analysis of the markets, and constantly monitor the valuations and fundamental performance of the companies we follow. In this line of work, it’s vital to be informed and up-to-speed, ready to seize the best opportunities when they arise. And when share prices swing around — as they inevitably do — we don’t get jumpy or over-react. Experience has taught us to hold our nerve and see the bigger picture. By communicating openly and honestly with our clients, we hope they can see the sense in this too — even when times are bad.
We’ve done our time in the City, and taken lessons from it. Now we are fully committed to making a success of Evenlode. This is it, this is us, and we won’t be leaving any time soon for pastures new. Which means we’ll be looking after your investment portfolio diligently and for many years to come.
A young team with old fashioned values
We’re a small, friendly, dedicated team determined to do the best for our private and institutional investors every day.
We think and care deeply about what we do and believe in the business model we’re building. We take our responsibilities to our clients’ wealth very seriously. We are constantly looking for opportunities to generate attractive long-term returns without taking undue risks.
Our portfolio isn’t huge, but it’s extremely carefully chosen. We believe in quality over quantity every time. We follow 80 or so companies extremely closely, conducting thorough evaluation work and scouring accounts for clues and potential warning signs. Our preference is for businesses that have few physical assets, and can generate good return on capital indefinitely.
And our holy grail is compound interest, described by Albert Einstein as “the eighth wonder of the world. He who understands it, earns it. He who doesn’t pays it.