Our Investment Philosophy
Having worked alongside and developed long-term relationships with clients, both individual and institutional, we recognise that managing wealth requires much more than simply investing money.
Sir John Templeton put it best when he explained the objective of investing: “For all long term investors, there can only be one objective – Maximum total return after taxes. Nothing else matters.”
At Skybound Capital there are 8 guiding principles we live by:
Value investing is the only safe approach. By putting the margin of safety at the heart of the process, we can minimize the risk of overpaying for the hope of growth.
Sir John Templeton observed: “It is not possible to produce superior performance, unless you do something different from the majority.”
Patience is integral to the value approach in investing.
Forecasting has never been a reliable investment tool.
We can’t predict, but we can prepare. An awareness and understanding of economic, credit and sentiment cycles can help with investment.
Four dangerous words: “This time, it’s different”. Knowledge of history and context can help avoid repeating the mistakes of the past.
Understanding risks and then being able to manage them are key to successful performance.
Consistency and Sustainability
We firmly believe that being able to provide sustainable, consistent performance is a vital element in a successful portfolio or fund management business.