Qualivian Investment Partners commentary for the first quarter ended April 30, 2020, discussing their investment process and the power of compouding.
Q1 2020 hedge fund letters, conferences and more
“Everyone is a long-term investor until times get rough. Conviction is not proven on the mountaintop; it is proven in the valley.” - Ian Cassell
Overview
The Qualivian Focus Fund is an investment partnership focused on long-only public equities. We own a concentrated portfolio (15 -25) of understandable companies with wide moats, long reinvestment runways, and outstanding capital allocation. We expect them to compound capital at a mid-teens rate and hold them for an extended period. We have a private equity approach to public equities. We are seeking investors that...

