ASIAMIN Capital

Once bought, our goal is to 'sit-tight' , so long as these businesses remain exceptional. The average holding period for our top 3 equity positions is over 13 years. 'Buying-right' and then 'sitting-tight' and monitoring the businesses and engaging with management, allows the magic of compounding to play out over a reasonable time frame. This enabl... es us to compound our capital at materially above-average rates of return, while significantly reducing the unacceptable risk of a permanent loss of capital. Compromising on either the quality of people, quality of managers or the quality of businesses and corporate cultures that we associate ourselves with in life, has almost always been a big mistake for us. Strictly adhering to the above strategy optimises the endeavour to 'succeed' by living up to the following dual mandates of the ASIAMIN Family Office: 1. - Pursue our absolute passion of researching businesses to enable us to compound capital, at above average absolute rates of return, for long periods of time, in a fair, ethical and non-competitive manner, while associating with people we admire and trust, and 2. - Being privileged to then be able to use a material part of the above average compounded returns to pursue our philanthropic activities to make a positive contribution to society. 'Success' for us is well articulated by the poet Ralph Waldo Emerson as follows : " To laugh often and much; To win the respect of intelligent people and the affection of children; To earn the appreciation of honest critics and endure the betrayal of false friends; To appreciate beauty, to find the best in others; To leave the world a bit better, whether by a healthy child, a garden patch, or a redeemed social condition;To have played and laughed with enthusiasm, and sung with exultation; To know even one life has breathed easier because you have lived. This is to have succeeded. And, Mr. Charlie Munger, Vice-Chairman of Berkshire Hathaway , a teacher & mentor to us, put it best, as a way of business and life, when he ...Read More