Our philosophy is reflected in everything we do:
Be an independent and creative thinker that seeks proprietary deals within enterprise software.
Invest when signs of a trend are revealed, but before all the work of building a great business is completed.
Invest with winners through friendly deals. This reflects faith in other shareholders, board members and management.
Test target with key investment criteria of Warren Buffett. Assess long term value creation and multiple expansion opportunities.
Aim to keep an investment for a long period and make investment decision with a perpetual perspective.
Look for investments where minimum four- or five-times money multiple is realistic over 4-5 years. Less upside gives limited margin of safety.
Look for earnings growth, ideally supported by long term growth trends. Be relentless in pushing for accretive growth every day.