Advantaged Businesses

We look to invest in profitable businesses operating in niche areas with competitive moats.

Economic Moat

Find companies with a durable competitive advantage or “secret sauce” that differentiates it from competitors.

Unique Asset Value

Purchase companies with assets that have scarcity value that could be attractive to strategic buyers.

A “Forever” Business

We stay away from “buggy whip” businesses which risk obsolescence in the immediate future.


An industry with which we are familiar and whose long-term business characteristics we feel competent to judge.

Proven Businesses

We make no attempt to pick the few winners that will emerge from an ocean of unproven enterprises.