HIO BIO PARTNERSHIP

My interests lie in businesses, economics and the question of how value is created over the long term. I studied law and economics. Both disciplines have shaped the way I think: understanding complex relationships, weighing different interests and making decisions as rationally and systematically as possible.

For around four years, I have been studying equities and company analysis in depth. Early on, I did not want simply to follow any investment strategy, but to learn from the thinking of particularly successful investors.

That led me to Warren Buffett and value investing. What appeals to me most is its business-owner approach: treating a share not as a short-term speculative object, but as an interest in a real business. It means understanding businesses, assessing their long-term value and investing only when price and value are attractively related.

My investment philosophy is also shaped by Benjamin Graham, Charlie Munger and Philip Fisher. The idea of long-term investment partnerships also came from studying Warren Buffett’s own history. Before Berkshire Hathaway became the focus of his career, Buffett managed capital for family, friends and other partners through investment partnerships when he was young. I still find this long-term, partnership-based model especially interesting.

Travel is another important part of my life. I have travelled on almost every continent and encountered different countries, cultures and economic realities. This has broadened my perspective on the economy, businesses and social developments.

I also read extensively – about businesses, investing and economics, as well as history and politics. Historical developments help me place today’s economic and social connections in context and look beyond the short term.