We believe that focused efforts in niche areas is a winning strategy. We operate in total addressable markets that are vast, so we don’t need to be the #1 to win. We can invest in communities, create jobs, provide quality living and accommodations and still create strong risk adjusted returns. We live by three key principles: patience, persistence, and performance.
Patient capital is superior. Our time horizon is indefinite. This does not only include financial capital, but also human capital (we believe We believe people are the greatest asset to any business). Ensuring that we can earn the trust of our key customers and stakeholders is #1.
Persistence over long periods of time yields superior results. Building durable businesses takes time. There is no get rich quick schemes. Getting the details right is important, and we focus on the highest standards for our operations.
Performance is a function of patience and persistence. Over time, we believe our businesses can achieve high quality earnings and cash flows, leave lasting impacts on the communities in which we operate and people with whom we do business through both patience and persistence over time.