We proudly wear our heart on our sleeves and do not always follow conventions.
We view technology as an enabling force, when appropriate. It can improve customer delight, increase efficiencies and transparency.
Reality is Objective
Always seek absolute truth. No egos, no agendas. The focus and incentives are on finding the truth.
Hiring is Paramount
As an investment firm, we are simply the product of our people. We spend an inordinate amount of time considering each hire.
Time and time again, this simple principle has proven to be the fundamental driving force of long term growth.
Besides our capital, our main investment in each company is good karma. We believe doing good sustains high long term returns.
First Principles Thinking
We are not held hostage by frameworks or how things are supposed to be done.
Always Think Win-Win-Win
There is always a win-win-win solution. It often takes more creativity and cooperation but when found, it is the most sustainable.
We don't do anything that we do not feel comfortable being on the cover of a major newspaper the next morning.
We prefer simplicity in life, business models and capital structures.
Always Think Long Term
Doing what’s in the best long-term interests of the company and it’s employees simplifies and clarifies.
The Future is Always Uncertain
There will always be surprises. Keep debt low, relationships uncomplicated and don't pay for growth.
Hard Things are Hard
Have the hard conversations early, quick fixes never pay off and ignored issues, however small, always grow.
Integrity is Non-Negotiable
Most decisions aren’t difficult with a commitment to doing the right thing.
People are the Priority
Strict No Assholes Policy, which allows for transparent communications, little drama, and no politics.
We Don’t Play Games
We do what we say we’ll do, when we say we’re going to do it. Without exception.
Boring is Good
Sustainability of earnings through a defensible moat is key. Boring is a moat.
Grow Through Growth
Growth is more sustainable than cost cutting and resource depletion.
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