VT Castlebay UK Equity Fund
Quality value investing
We are Quality value investors in that order! The power of compounding is often ignored to the detriment of investors. It takes time for this power to work. We focus on the compounding rate of Quality businesses, because that is what drives share price appreciation over the long term.
Great businesses can make poor investments if they are purchased too expensively. We wait patiently for the right valuations. Short term investing is common, so there are few managers like us who invest on average for a decade.
Security through compounding: knowledge, returns and trust