Maturin Capital Asset Management
Discernment over Speculation.
A fund that proceeds from basic principles to a portfolio of well-run businesses at prices below their intrinsic value. The speculation we leave to algorithms and indexes.
Deep Valuation
Human Research
Through rigorous independent research, we apply private-market valuation to establish a genuine margin of safety.
Great Companies
Undervalued Industries
We buy great companies in temporarily out-of-favor industries, hold while the market disagrees, and sell when we are right.
Ignatian Discernment
Decision Discipline
We follow rules adapted from St. Ignatius of Loyola to distinguish rational analysis from emotional noise.
Passive investing is a great way to match the market. This is how to beat it.
To achieve satisfactory investment results is easier than most people think; to achieve superior results is harder than it looks.— Benjamin Graham, The Intelligent Investor