Our investment philosophy has remained
simple and consistent for more than a decade
I. We identify businesses that deliver extraordinary returns.
II. We analyze its resilience, to validate the probability of its profitable growth over time.
III. We ensure that they are managed by capable people with integrity.
IV. We invest for the long term, with vigilant patience, when we find an opportunity to participate at a discount to our estimate of its intrinsic value.
I. Collaborative meritocracy, in Acacia the result of the team reflects theindividual merit. We seek to build a community of leaders committed to acommon mission.
II. Excellence and consistency, standards and discipline at the service of thecommon mission. A constant, focused and meaningful work with theaspiration to improve permanently.
III. Long term, one of the greatest forces in the universe, compound return,applied to growing our skills, knowledge, relationships and capital.
IV. Effective creativity, better than having a good idea, is to act on it.V. Integrity and honorability, it is essential that both the people in our teamand companies, as well as our work, are "of one piece"; committed to ourvalues and to themselves.