01 · Market structure
The Market Is Smaller Than It Seems
Massive institutions with similar strategies control most of the capital in the market.
The Pragmatic Framework
A disciplined way to
engage with the market.
The Pragmatic Portfolio is the visible expression of a deeper investment discipline. The Pragmatic Framework defines how we read the market, identify investable opportunities and protect the capital entrusted to us.
The Pragmatic Rules of Engagement
Read the market.
Engage with discipline.
The market produces constant motion. The rules remain fixed. Seven signals turn noise into a repeatable system for finding value creators and preserving capital.
02 · Setups
Have Clear Investment Setups
Capitalize on industry selloffs, snap judgements, and overlooked turnarounds.
03 · Criteria
Have Clear Criteria of What's Investable
Only businesses with momentum, competitive advantages, data-driven leadership, an expanding industry, and a cheap stock.
04 · Evidence
Data Tells an Undeniable Story
Don't rest until you see the story that the data is telling you. Then don't allow anyone to tell you another one.
05 · Analysis
Analyze Like a Venture Capitalist
Think in terms of flywheels, business models, consumer behavior, and market dynamics.
06 · Curiosity
Ask Why
Why is this business not bankrupt? Why does this business not have a monopoly?
07 · Preservation
Stay Hedged
The herd is slow, but powerful. Compounding is also about capital preservation.
From principles to practice
Explore The Pragmatic Approach ↗