Investment Thoughts and Perspectives

Insights

All-Seasons Portfolio: Protecting and Growing Wealth over Multiple Generations

We believe that the primary investment task for most families and long horizon investors is to preserve their wealth’s purchasing power and grow it...

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Knorr Bremse – Driving Innovation

Rail and commercial vehicles (CVs) are used to safely transport passengers and freight from one destination to another and account for much of the...

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Impact of Capital Gain Taxes

When it comes to the investment returns earned in the investors hands, several costs have to be considered. Depending on the structure and investment...

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“What were they thinking?”

“What were they thinking?” Laurence Gonzales in Deep Survival suggests that, in the aftermath of accidents where all kind warning signs were already in...

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The Average Stock is a Poor Investment and China-based Businesses

Shares are not mere pieces of paper. They represent part ownership of a business.-Warren Buffett Over the past 150 years[1], the U.S. stock market...

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Bear Severities

Every once a while, we come across an article that we wish we had written. The Bear Severities column published on 19th May, 2022...

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Disruptor in Payments – Adyen

“When you have a business and you want to keep the business, not exit it, your decisions start to drastically change. I think that’s how...

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Corporate Culture – An Intangible Asset

Why do some companies outlast and outperform their competitors while most don’t? Why is it that a few develop wide competitive advantages while most others...

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Portfolio Construction: Problems driven by high US concentration and overvaluation of US equities

“The essence of investment management is the management of risks, not the management of returns.” – Benjamin Graham The Russia-Ukraine conflict has brought to fore...

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