“Big money is not in buying and selling,
but in the waiting.”
-Charlie Munger
at Auralis Capital​
What Do We Do?
We believe in the time tested value investing principles of Warren Buffett, and Charles Munger. We aim to achieve superior returns by being long-term owners of high quality companies with an enduring competitive advantage or “moat”, large runway to grow, run by capable and honest management with skin in the game and available at fair valuations.
Investment Philosophy
Never Overpay
The focus on Capital Preservation underpins everything we do.
We buy only if we are getting the business at reasonable valuations with a good margin of safety in valuations.
We are business owners​
We invest in business and not stocks
For us, stocks are not just a ticker or number but are ownership interest in real business.
we strongly believe in the adage – “in the short run, the market is a voting machine but in the long run, it’s a weighing machine” and thereby underlying business performance is one of the major factor in driving returns over 3 to 5 years.
Contrarianism
We avoid fad, fancies and overcrowded names or themes.
We look for under researched and ignored sectors or companies.
We are ok with looking stupid for sometime when we know we are not stupid.