St Albans Investment Group

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Home Our Investment Philosophy

We invest in businesses, not the share market.

We buy what we call outstanding businesses.

What makes these businesses outstanding businesses?
  • The business has a consistent record of earnings growth
  • The business continues to have future prospects for growth
  • The business has some form of durable competitive advantage
  • The business dominates or ‘owns’ its market
  • It’s position is defensible
  • The business has reputable management
  • We know and understand the business

We invest for the long term (we do not 'trade' shares). We only invest when we find a business that meets our valuation criteria, if the market is overvalued we are happy to sit tight and make no purchases at all.

When we do buy, we bet big.

And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. It's just that simple.” - Charlie Munger (partner of Warren Buffett).
 

Unit Price

Current Unit Price

(as at 31 August 2017)


2.0637


Annualised return

(since 23 June 2008)


8.20%