We invest in persistent growth — growth that sustains at higher rates for longer than the market expects.

To successfully invest in persistent growth, we must profit from where the world is going. It depends on the paradox of change and consistency. Change sparks a new opportunity; consistency enables a change to take hold.

By its nature, persistent growth demands investor patience. Persistent growth investments can be worth owning for years, even decades. Patience paired with persistence yields superior performance.

Thanks From Deepwater: You Make The Holidays

Apple's annual holiday film is usually worthy of reflection. This year's installment, Fuzzy Feelings, featuring stop motion video shot on an iPhone 15 Pro Max and edited on a MacBook Air, is no exception. It's a reminder that people matter most, and we're grateful for the people we get to serve.

Two Rules to Create a Habit of Curiosity

Curiosity to Conviction Life is about a few moments of conviction. You find conviction through consistent curiosity. Magic happens when persistent effort fueled by conviction happens at the right time. The collision of curiosity, conviction, and timing is how all…

Unconventional Expertise

Expertise is overrated. To be considered an expert, one must know the things expected of an expert, and what’s expected is conventional. The doctor, the lawyer, the pilot, the financial advisor. They’re expected to play by a common set of…

The Investing Extremes Dictionary

There aren’t many great companies. There aren’t many great founders. There aren’t many great investment opportunities. The sooner investors accept that reality, the easier we make our lives. Focus on great companies and great founders. Ignore everything else. The hardest…

The Valuation Playbook

What’s my company worth? What makes you special? The two questions are inextricably intertwined. The more special your value add, the more your company’s potential value. It’s true at the individual level too. The value of your time or effort…

Investing in Persistent Growth

Markets occasionally misprice persistent growth opportunities, and that is the essence of great growth investing. Apple and Amazon are examples of the power of persistent growth. Shares of AAPL and AMZN are up 10x since 2012. The S&P 500 is…

Like how we think?

We manage equity investment funds across the growth spectrum in public and private markets.