Fundamental Research
Focus on companies with simple business models – primary research to gain a variant perspective
Focus on companies with simple business models – primary research to gain a variant perspective
Strict focus on valuation (purchase price matters) and the likely steps to close the value gap
Focus on best ideas – private equity style investing in the public market
View activism as a tool to highlight or create shareholder value
Deep fundamental research, position sizing, industry diversification and utlization of focused hedges to offset individual risks uncovered during the investment process
Senior professionals of Engine have a substantial portion of their liquid net worth in the fund and have their compensation aligned with fund performance
Strong Free Cash Flow Generation
Good Balance Sheets
Undemanding Valuations