BlackBird was launched with the goal of generating world-class investment returns over the long-term. Today we serve high net worth families from the United States and Canada.
“Investing is most intelligent when it’s most businesslike.” — Benjamin Graham
As Graham instructed, we make our investments in public equities with a business owner’s mindset. We seek to own companies that:
1. Have a business model we can understand.
2. Have a competitive advantage.
3. Have a star management team.
4. Are conservatively financed.
5. Are available at an attractive price.
Such opportunities do not present themselves often, and therefore we may make fewer than one new investment per year.
Ultimately, we are investors, not speculators. BlackBird does not predict market movements or hold a view on macroeconomic factors. We merely aim to invest in a small group of businesses where the value far exceeds the price.
