Dear KIP Investor,In this letter, I state certain principles which I will abide by at KIP. These will help you understand my investing approach and my relationship with you. KIP_Principles of an IMDownload
Investing Philosophy
Deep-Value Vs Wide-Moat
by Husain Kothari
Moat Investing – A KIP Process
Investigate First, explore the stock as a business. Then ask: Has it created economic value? Is it likely to continue creating this in the future? Value creation in the past: Unpack 10-years of financial history. a) Did ROIC meaningfully exceed WACC? b) Did the ROIC-WACC spread apply to an increasing Capital base? (aka. Economic Value … Continue reading Moat Investing – A KIP Process
Of Cycles and Swings
by Husain Kothari
Of Investments and Speculation
by Husain Kothari
Of Discards & Bargains
by Husain Kothari
Of Pouncing with Vigor
by Husain Kothari
Of Price and Value
by Husain Kothari
Of Processes and Outcomes
by Husain Kothari
On Judging Management
by Husain Kothari
KIP Capital blog 