Investment Philosophy

Why focus on companies with underfollowed, complex, multi-industry business models?

  • Informational Inefficiencies: Due to the smaller-cap, complex, multi-industry or cyclical nature of our companies, they often are overlooked or misunderstood by generalist investors
  • Frequent and Extreme Mispricings: Because our companies are overlooked or misunderstood by generalist investors, they experience more frequent and more extreme mispricings
  • Compounders: Our universe is littered with hundreds of niche market dominators that produce strong free cash flow and are ripe for consolidation
  • Uniquely Experienced Investment Team: Our PM has been following this very niche set of companies for over 15 years, so we are particularly well suited to exploit our universe’s mispricings

Media

Liberty Park Introduction:

2019 Value Investor Conference:

Value Investor Insight – July 30, 2021:

Value Investor Insight, Hidden Value Stocks – February 27, 2020:

ValueWalk, Hidden Value Stocks – June 2018: