How we manage capital
The central tenet of our approach is that we manage client capital in exactly the same manner in which we manage our own. We concentrate on absolute returns rather than relative returns – there is little merit in outperforming an index, such as the FTSE 100, yet still making a loss because the index fell.
You cannot spend relative returns which is why we only exchange your cash for investments we truly believe offer the realistic possibility of a positive outcome. We adhere to famous investor Warren Buffett’s maxim that while holding cash might be uncomfortable, it is not as uncomfortable as doing something stupid.Read more about our investment philosophy