Day to day

A London-based is the sole equity research firm focusing solely on publicly listed claimants in international arbitrations (legal cases decided by arbitrators) usually under the ICSID / ICC / PCA forums. This affords us an edge over larger generalist firms, where the analysis often goes unnoticed - if looking for info, you go to a specialist. We are usually the first result for any covered companies, and we often cover companies are the sole firm releasing research on the company.

Our general philosophy is simply that you won’t get very far by trying to squeeze the last penny out of anyone, especially considering the small world nature of arbitrations, so analysis quality and reputation are our two concerns.

Beginnings

As special situation investors, we stumbled across arbitrations a few years ago, and its investment merits were immediately obvious. Of course, there’s faults e.g. enforcement issues, but in the right scenarios the risks are acceptable. Info on our strategy can be found in the services tab —> investing page.

Our founder: ‘After purchasing my first stock in a distressed airline when I was 15, and stupid, I’ve been a value investor ever since. I started writing reports in efforts to secure my Value Investors Club membership at 19 (500 members, 2% acceptance rate, 70% fund managers, lowest bar Columbia MBA top 1-2 students), making me one of the youngest ever members. Like most value investors, I’m self taught, and strongly believe in 'challenging my cherished beliefs'. I’m very much a multi-disciplinarian, and think there’s immense opportunity cost without it, and have great interest in: psychology, existential philosophy, and slowing my speed of aging, which allows me to have a full life - there’s, as with everyone else, a direct correlation between my biomarker results and my performance elsewhere e.g. more stable energy levels / sick less often. I like the idea of being both the oldest person and the best performing (active) fund manager simultaneously. ‘

Services

Please see the ‘services’ page for more details: Case Research