Investment Philosophy
Greencape believes equity markets are inefficient; investor sentiment and short-termism (the tendency to seek immediate profit at the expense of long-term security) can mask observable dynamics, leading to mispricing of stocks. This can present significant investment opportunities. In addition, Greencape believes that capital allocation decisions, and the ability to earn appropriate returns from such decisions, are fundamental to creating value for shareholders. They also feel strong relationships with businesses, shareholder stewardship and business franchise strength influences shareholder value and are often underestimated.