Investment Philosophy

Engine follows a strict discipline of investing in companies that are prone to mispricing while focusing on limiting permanent losses of capital
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Fundamental Research

Focus on companies with simple business models – primary research to gain a variant perspective

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Value Investing

Strict focus on valuation (purchase price matters) and the likely steps to close the value gap

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Concentration & Long-term Orientation

Focus on best ideas – private equity style investing in the public market

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Activism as a Tool

View activism as a tool to highlight or create shareholder value

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Risk Management

Deep fundamental research, position sizing, industry diversification and utlization of focused hedges to offset individual risks uncovered during the investment process

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Alignment with Investors

Senior professionals of Engine have a substantial portion of their liquid net worth in the fund and have their compensation aligned with fund performance

LIMITING PERMANENT CAPITAL LOSS BY

Prioritizing Stable Businesses with:

CheckStrong Free Cash Flow Generation

CheckGood Balance Sheets

CheckUndemanding Valuations