Guiding Principles
According to philosopher Immanuel Kant, a Maxim is a subjective principle or rule that the will of an individual uses in making a decision. As such, and in part, below are a few of the Maxims which our process uses in consideration while investigating an idea and prior to placing our capital in promotion of that idea. Adherence to these principles have benefited all of our long-term partners for protectiing earned capital.
- Detach yourself from the crowd
- What man wishes, that too will be what he believes
- Focus sharpens returns, concentrate best ideas
- And with limited loss, become speculative, bet big
- Do not anchor on what you have, investigate
- Always search for disconfirming evidence
- Challenge your best idea, destroy it if you can
- Zero can not grow, do not lose
- Losses must always be “cut”, if facts change
- Envy runs the world
- Avoid Influence-from-mere-association
- Lumpy over smooth — (A bumpy 15% beats a smooth 10%)
- Margin of Safety
