Qualivian Investment Partners 1Q20 Commentary On Invest in Quality Compounders

Qualivian Investment Partners commentary for the first quarter ended April 30, 2020, discussing their investment process and the power of compouding. Q1 2020 hedge fund letters, conferences and more “Everyone is a long-term investor until times get rough. Conviction is not proven on the mountaintop; it is proven in the valley.” – Ian Cassell Overview The Qualivian Focus Fund is an investment partnership focused on long-only public equities. We own a concentrated portfolio (15 -25) of understandable companies with wide moats, long reinvestment runways, and outstanding capital allocation. We expect them to compound capital at a mid-teens rate and hold…