Logbook Investments

Value oriented investors gleaning insights from books

 

Applying the rigor of a pilot's logbook to investing

Logbook Investments is a concentrated investment partnership, gleaning insights on core positions from books.  These texts range from biographies of key personnel, history of a company or industry, as well as behavioral and other themes.

Following the checklist process of a pilot’s “logbook” by completing a detailed thesis template for each potential investment ensures the proper rigor is applied to each decision.

We seek to continually improve our thinking by reading broadly and compiling the enduring insights from each book into usable reference documents.

Please contact us if you would like further information.

 

 

Contact

➤ LOCATION

5670 Wilshire Blvd. 18th Floor
Los Angeles, CA 90036

☎ CONTACT

info@logbookinv.com
(646) 522-2732

Core principles


investment-specific Books 

Throughout the course of researching a potential investment, we search for books that may augment our understanding of a business.  Sometimes these provide useful background knowledge, occasionally they unveil a key insight that underpins our investment decision.  Gaining insights from such sources helps instill a long-term perspective. 



Thesis templatE

Just as a pilot must follow a detailed checklist before operating an aircraft, Logbook completes a fifteen page thesis template before adding any security to the portfolio.  In addition to being a useful tool before investing, this document also helps improve decision making throughout the duration of ownership.
 



Reading summaries

In an effort to continually expand our knowledge base and maintain intellectual flexibility, reading is a core part of the Logbook process.  To make the key insights usable, we compile a periodic document aggregating the most salient passages from our readings.  These compilations, along with investing journals, are valued tools in optimizing decision making over time.