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Horos Asset Management Quarterly Letter To Our Co-Investors - October 2023
Summary
- Horos is an asset management firm that knows the benefits of value investing over the long term.
- We invest in companies that we consider, after analyzing them, to have a value higher than the price they ask for within the stock market.
- In our search for companies with potential and with the aim of minimizing errors, we rule out companies that are highly indebted, poorly managed, and that present a high regulatory.
- The theoretical potential of the fund for the next three years is around 145%, which gives an idea of how attractive the current time is for investing in Horos.
Horos is an asset management firm with a team that combines the energy of youth and the wisdom of experience. We all hold in common our passion for investment, and our belief that value investing is the optimal investment philosophy for the long term. This passion has been rewarded with consistent and satisfactory results over the years, as well as the Morningstar and Expansión-Allfunds awards for the best equity fund in Spain in 2014 and 2015, and the Citywire 2016 Award for the best Spanish Equity Team.
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