We believe that one of the best ways to learn more about us and our philosophy is to read our publiciations.

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ANNUAL LETTER

N°04 Co-Investor Letter 2020

The latest Co-Investor Letter shall be released in March 2021 incl. some modifications in reporting.

MAR 2021  - 45 MIN READ

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MEMO

Volatility. Our most generous friend.

Our mindset about volatility. Why it's an opportunity, not a risk.

And, why temperament is the single greatest factor in our portfolios returns.

MAR 2021  - 10 MIN READ

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ANNUAL LETTER

N°03 Co-Investor letter 2019

Up 21.7%. Deep Dive into the businesses of Ryman Healthcare and Credit Acceptance. Some divestments. 

MAY 2020  - 45 MIN READ

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MEMO

Special Letter Covid-19

Some thoughts about Covid-19, history and the long-term impact on our investments.

APR 2020  - 15 MIN READ

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ANNUAL LETTER

N°02 Co-Investor letter 2018

Down 7.5%. Deep Dive into our holdings Novo Nordisk and SAP. Thoughts about our portfolio management.

MAY 2019  - 45 MIN READ

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ANNUAL LETTER

N°01 Co-Investor letter 2017

Up 6.3%. Deep Dive into Foot Locker, Inditex, Royal Bank of Canada and some general thoughts.

MAY 2018  - 45 MIN READ