GreenWood Investors: Merging Management & Ownership

0
GreenWood Investors: Merging Management & Ownership
Image source: <a href="https://youtu.be/JbBeMVn8nTM">YouTube Video Screenshot</a>

GreenWood Investors’ interview with Sir Martin Sorrell of S4 Capital, titled, “Merging Management & Ownership.”

Get The Full Ray Dalio Series in PDF

Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q3 2020 hedge fund letters, conferences and more

Interview with Sir Martin Sorrell of S4 Capital

In early December we had a lively chat with legendary Builder Sir Martin Sorrell of S4 Capital, which we’ve owned since March 2020. Almost as if he wanted to front-run our white paper on value creation coming out later this year, this M&A mastermind discussed the fundamental importance of merging management with the ownership of the company. For someone so good at capital allocation, he spends a surprisingly and significantly larger amount of time thinking about culture over capital.

This Hedge Fund Was Up More Than 100 Percent For 2020

InvestingADW Capital had an incredible 2020 with a 119.2% net return for the full year. At a time when most other funds have struggled with relatively low returns, ADW posted double-digit returns in several months of 2020. In December, the fund returned 19.91%, while in November, it posted a return of 39.63%. For the fourth Read More


We’ve put together the best parts of the conversation as it relates to merging the management style with the ownership of the company in the 19 minute video below. In it, he tells the candid story of his discussions with Buffett, and why his approach would have been a natural fit for Berkshire.

After watching the video, if you want to dig in more on Sir Martin’s style and the investment case for S4 Capital, we’ve made our November 2020 research on S4 Capital available on our public research page, which you can view here. While shares have certainly run since we purchased shares, Sir Martin and the S4 team have been compounding fair value very quickly and we remain buy-biased on shares.

Click here to check out the full research on S4.

Previous article What MacKenzie Scott Can Teach Us About Wealth in The Time of Covid
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

No posts to display