Alpha Orionis Capital is a long term, value-focused investment firm

The firm aims to buy high quality businesses in growing industries trading at attractive valuations.

Investment Approach

Well aligned with investors, the vast majority of General Partner’s liquid net worth is invested in the same stocks as Limited Partners. Fund investors should align on the following points:

  1. Long term horizon

  2. Value-centric approach

  3. Evaluation of risk

Long term horizon

The fund’s objective is to maximize long term (3 year +), after tax total returns. The fund will always be willing to trade short term results for long term outperformance. Investors should view themselves as long term owners of the businesses that we own securities in.

Intrinsic Value-Centric Approach

Style is influenced by the frameworks of Charlie Munger, Warren Buffet, and Peter Lynch, but adopted to the digital age. The firm invests in high quality businesses for the long term, happy to buy during periods of uncertainty and negative sentiment

Evaluation of Risk

Risk is measured as the potential for permanent capital loss, not short term volatility. At times the market goes through irrational periods, and historical president shows that many of the stocks we’re invested in could potentially trade down 40-50%, or even further. These price drawdowns are temporary. The fund will always manage risk with the objective of avoiding permanent capital loss. Embracing volatility is a feature of the investment strategy, not a bug. Volatility is the price we pay for long term outperformance.

About

Inspired by the teachings and frameworks of Buffet, Munger and Lynch, Alpha Orionis adopts timeless value investing frameworks to the digital age. In this time of self driving cars and AI, it should be no surprise that the following decades will bring a staggering amount of value creation from technology companies.

As an experienced software operator focused on modeling sales forecasts and growth initiatives, Alpha Orionis deeply understands competitive dynamics and what drives sustainable top line growth and value creation.

Alpha Orionis uses this edge to invest in companies in growing and profitable industries seeking the following 5 factors:

  1. Strong returns on capital deployed with a predictable growth runway and unit economics

  2. Defensible moats with advantages flowing to specific players

  3. Quality: dominant companies within a niche and an aligned management team

  4. Win-win outcomes: customers, investors, and employees win together

  5. Fair valuations (a significant margin of safety using conservative assumptions)