Telescope Peak Risk Management

Small: Because we are small, our returns are not hurt as much by the impact on prices of our own buying and selling. This increases our opportunities.
Patient: All of our investors commit to staying invested for at least five years. This allows us to ignore our relative performance in any given year, and to pursue higher long-term results.
Uncertain: Investing is the art of decision making with limited and changing information. Our mission is survival and growth. We achieve it by embracing volatility.