How We Work

Investing in the business within the circle of competence

We invest in companies that we fully understand, whenever possible. However, this does not imply that we only invest when we possess complete knowledge. There are instances when we seek the guidance of industry experts or collaborate with them in our investment decisions. 

Enduring, predictable high ROE(Return on Equity) and FCF(Free cash flow)

Predictable ROE and FCF are significant advantages when it comes to managing a company from a long-term perspective. These factors allow the company to formulate a sustainable long-term growth strategy and, if needed, serve as a solid foundation for venturing into new areas. 

Long-term competitive advantage based on core competencies that can lead the industry

In order to foster long-term growth for our invested companies, it's imperative to establish an economic moat that outperforms the competition. This moat can take various forms, such as superior technology, institutional entry barriers, or cost competitiveness driven by efficiency.