landscape photography of laminated buildings

GS Fund

Philosophy

Independent thinking has always been a core value at G&S Capital. We firmly believe that to outperform the benchmark, different thinking is essential.

A key tenet of our approach is that our ability to outperform stems from maintaining a strong, independent view—seeing things differently from others and having the conviction to challenge consensus and convention. Independent thinking leads us to invest in companies that are out of favor with the market.

What sets our thinking apart is our commitment to distancing ourselves from behavioral biases. This discipline allows us to remain focused on thorough analysis and sound security selection, always adhering to the fundamental principles outlined in Corporate Finance literature.

Strategy

The Fund's primary strategy is centered around Value Investing, strongly influenced by the principles laid out in Benjamin Graham’s literature, with secondary strategies available for opportunistic deployment.

We focus on identifying undervalued securities by evaluating their fair value. A security is considered undervalued when its market price is significantly lower than its intrinsic value.

The foundation of Value Investing rests on the belief that financial markets are generally efficient, meaning that over time, market prices will align with the intrinsic value of a security. This readjustment creates the potential for higher returns as the market corrects and recognizes the true value of the security.