/ Philosophy

At Ravenstone, we are value investors. Our investment philosophy is a fundamental, high conviction, patient strategy that focuses primarily on opportunities in North American equities and bonds.

We approach investing with a business owners’ mindset. Through rigorous fundamental analysis and relentless discipline, Ravenstone seeks to identify and capitalize on securities that we believe to be mispriced by the market. We believe in demanding a substantial mispricing opportunity to warrant investment, therefore, we execute upon a handful of great ideas rather than volumes of good ideas. These businesses must possess sustainable competitive positions, high returns on capital, generate strong free cash flows and management teams that think and behave like owners.

This process is not constrained by industry or index considerations, resulting in a concentrated portfolio built from the bottom up and based on superior risk reward opportunities.