One of our favourite quotes by Charlie Munger is "Micro is what we do, macro is what we put up with”.  It has never felt more relevant than in 2024,…

We were privileged to participate recently in the London Quality Growth Investment Conference, which attracts some of the most thoughtful and discerning minds in the investment community. It was an…

Investing is a lot like Winnie the Pooh’s pursuit of honey: slow, steady, and guided by a simple but unshakeable focus on the prize. In today’s fast-moving world, it is…

We have seen a significant increase in global market volatility over the past few weeks, with all major global indices experiencing substantial declines followed by an equally rapid recovery. For…

Global conflicts, elections, inflation and interest rates – it is a troubling time for investors.  Earlier this month, we were asked by Jeff Prestridge, personal finance editor of the UK’s…

We invest in global companies that have great quality and can generate long-term compound returns.  We look for businesses with strong competitive positions in good and growing industries, management teams…

This month marked a historic Berkshire Hathaway annual meeting.  It was a celebration of Charlie Munger’s legacy, Berkshire’s record of creating a company with US$897bn of market value and US$578bn…

The strong performance of our World Stars Global Equity strategy has vindicated our view that the US and European economies would continue to be resilient and that the ongoing strength…

Over the past several years, US stock market performance has been led by a number of great technology companies.  We have always been selective, applying our quality criteria and looking…

The new year has started well, with solid economic growth, moderating inflation and positive markets.  The large majority of our companies have reported good numbers for the fourth quarter of…