The Manager invests on a global basis, seeking out what it considers to be the best investment opportunities in any country with a legal system with which it feels comfortable. This is complemented with opportunistic short selling
of low quality businesses that are typically considered by the Manager to be structurally challenged, poorly managed and materially overvalued. The Manager’s philosophy is to employ a ‘buy and hold’ strategy for Long Positions and to generate long term compound returns.
The Manager believes that long term business success is achieved through operating where you have a competitive advantage and that in the business of investing, competitive advantage is obtained through superior knowledge and analysis. The Manager also believes that a long term investment horizon provides a competitive advantage in an investment world which is increasingly focused on the short term.