Investment Letters

Market Commentary ♦ Investment Opportunities ♦ Due Diligence

 

“It was never my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!” -Jesse Livermore

This site includes market commentary, potential opportunities in private markets and ideas for sourcing, structuring and due diligence.

I find writing focuses the mind and forces one to a conclusion … my ultimate goal is to find the truth so as to steer clients towards both profits and safety of capital.

 

 

Invested $1Bn+ in Private Equity, Venture Capital, Hedge Funds and Real Assets

 On behalf of Institutions, Families and High Net-Worth Individuals

During my 20-year career spanning 3 continents

My investment philosophy is contrarian but not dogmatic! I find my best successes have occurred when fundamentals, technicals and sentiment (I’m a big proponent of behavioral finance) align.
Here’s what 20 years of investment has taught me:

Nothing and I mean nothing works all the time in the markets. The best you can hope for is

Periods of out-performance using your methodology, followed by;

Periods of losses or high volatility that doesn’t make you so uncomfortable that;

You bail on your philosophy and have to repeat the cycle with a new religion later

 

 

In investing there are good neighborhoods (asset allocation) and good practitioners (investments vehicles / managers).
In our experience you are better off in a good neighborhood (instrument, sector,style, geography) than a good manager.
Said differently a GOOD NEIGHBORHOOD CAN COVER THE MISTAKES OF A BAD MANAGER – but it’s better to have both.

Oh and did I mention contrarian? Move against the herd.

 

“Be fearful when others are greedy, and be greedy when ….” –Warren Buffett

 

So that’s it folks. Complexity has never served me well so I endeavor to keep things simple and yes profitable but most importantly enjoyable for you my valued reader.

If any of the opportunities identified are of interest … let me know. If you need help sourcing, structuring and due diligence … let me know.

Your humble editor
Greg

Contact For Best Alternative Investments Solutions

Newsletter for Private Market Investors

Greg Silberman 20-05-15

Greg Silberman CFA®, CAIA, CA(SA)
Chief Investment Officer
ACG Investment Management LLC.
3333 Piedmont Rd. NE
Suite 2010
Atlanta, GA 30305
Office: 404-893-4100
Direct 404-991-7039
gsilberman@acgimllc.com
 

Contact For Best Alternative Investments Solutions

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