Investing involves risk, including the possible loss of capital. Our approach is deliberately long term: capital may need to remain invested for many years, its value can fall as well as rise, past performance is never a guide to future results, and no level of diversification removes the possibility of loss. Nothing on this website is investment advice, a recommendation, or an offer to invest. Consider your own circumstances and, where appropriate, seek independent professional advice.
Rare earth minerals: sharp commodity price cycles, geographically concentrated supply chains, export controls and geopolitical tension, and demand dependent on policy support and the pace of industrial change. Financials: sensitivity to interest rates, credit cycles and regulation, market shocks, counterparty failures, and leverage that can amplify losses. Technology: rapid displacement of products and platforms, intense competition, and volatile valuations, particularly for early or rapidly growing businesses.
Long-term investing requires the patience and capacity to hold through periods of decline. Only commit capital you can leave invested over the horizon your goals require.