A public record of conviction

Years of makingThe Pragmatic case.

Long before Pragmatic became an investment partnership, Mark was publicly championing the ideas at the center of The Pragmatic Approach: question consensus, research businesses from the ground up, and act with conviction when evidence and expectations diverge.

2018 · Published researchContrarian ideas, made public.
2019 · Public conversationsThe discipline, clearly articulated.
Today · Investment partnershipThe Pragmatic Approach, applied.

Selected conversations

The thinking,in Mark’s own words.

Across these conversations, the same through-line is visible: independent thought, deep research, and the willingness to look where consensus does not.

Thumbnail for Mark Jones on The Acquirers Podcast
The Acquirers Podcast

The Contrarian: Mark Jones of Pragmatic Capital
Thumbnail for Mark Jones on Planet MicroCap
Planet MicroCap

Business Is the Monetization of Life
Thumbnail for Mark Jones speaking with SumZero
SumZero

Value Investor Mark Jones Talks Pinterest, The Trade Desk, and Funko

Published research

Conviction,before consensus.

These published investment theses capture The Pragmatic Approach in practice: identifying a mispriced business, building conviction through research, and making the case before the crowd arrives.

Barron’s Contrarian research · Tempur Sealy
August 2018 · Featured research

Bedding Beast: Tempur Sealy Can Spring 50%

A published contrarian thesis built through deep research into the business and the expectations surrounding it.

Read at Barron’s
Barron’s Contrarian research · Stitch Fix
October 2019 · Featured research

Stitch Fix Shares Can Rally 67%: Fund Manager

A research-led case for looking beyond prevailing sentiment to the business, its trajectory, and the opportunity.

Read at Barron’s