The foundation of our investment philosophy
These principles guide every investment decision we make and define how we operate as a firm.
Our goal is to generate attractive absolute returns and outperform over the long term. We partner with patient, long-term capital that understands the power of compounding and the difference each percentage point of annual outperformance can make over many years.
Our primary focus is maximizing risk-adjusted returns, not assets under management. By limiting and optimizing fund size, we maintain access to a broader investment universe and preserve the return potential that comes with a disciplined approach to capital.
A flexible investment strategy is essential for long-term outperformance. We employ multiple strategies to capitalize on the most compelling opportunities through market cycles, rather than being constrained by a single mandate that may not be favorable in all environments.
We do not attempt to predict the short-term movements of markets. Instead, we maintain a thorough understanding of market valuations and stay consistent in our process of investing below intrinsic value with a significant margin of safety.
We define risk as the probability of permanent capital impairment, not short-term volatility. We are far more focused on intrinsic value, long-term industry dynamics, management quality, and purchase price than conventional statistical risk measures.
The portfolio manager pledges the majority of his liquid net worth to the fund. A true partnership means growing together through the ups and downs, ensuring that our incentives are fully aligned with those of our investors.
We believe in sizing positions according to conviction. Our best ideas deserve meaningful capital allocation. Diversification for its own sake dilutes returns—concentrated, high-conviction portfolios are the foundation of long-term outperformance.
Contact us to discuss how Presidio Asset Management can help achieve your investment objectives.
Investor Access