Nixon Capital Q3 2023 Letter
Today’s investment environment presents an entire set of paradoxes. Interest rates are rising further while inflation measures have started to decline.
We invest in 15-20 businesses, seeking to own high-quality companies.
We capitalize on volatility and sentiment shifts to invest opportunistically.
We invest long-term and are focused on after-tax returns.
We have an unconventional belief that active equity management is the best option for investors looking to compound money over long periods of time.
We partner with investors who share that belief, and Nixon Capital Employees are the firm’s largest investor.
“For the investor who knows what he is doing, volatility creates opportunity.”