Investment philosophy
FOCOM Asset's philosophy is quite simple.
It involves buying and owning great companies at reasonable prices, companies that are time's ally.
Such companies, capable of maintaining a competitive advantage over decades, are rare, which is why our portfolio consists of only a select few firms. From these, we can derive compound returns over a long period.
Wise investment approaches with a method of elimination.
Most investment mistakes occur when companies not fully understood are traded at attractive prices. The companies we invest in have solid financial statements and reliable managers, enabling them to survive in dramatic circumstances.
While our strict criteria may sometimes mean missing out on opportunities, avoiding major mistakes and maintaining rationality is crucial.
Investment is akin to business; thus, we promise to only own companies that we understand, are sustainable, and are exceptional.
5 principles of investment
First and foremost, we focus on cash and cash flow. Second, we focus on cash and cash flow, and third, we focus on cash and cash flow as well.
Among global blue-chip companies, we become business partners with companies that clearly return dividends or accumulate capital through annual compound interest.
We only invest in trustworthy companies that have been quantitatively and qualitatively proven for at least 5 years.
The stock market always provides opportunities, so we wait for a reasonable purchase price range that corresponds to the intrinsic value.
Companies purchased at a reasonable price are held for a long period of time as long as they do not violate our investment principles, in pursuit of compounding returns.