Investing is a matter of pursuing greater probability. Higher win rate in each step can ensure steady, predictable and sustainable performance.
Wellspring Capital is focused on long-only strategy, featuring circle of competence as limit and security margin as cornerstone.
ROE-based approach is applied to select quality leading companies, and buy reasonable or under-valued, and hold. It is our belief that quality company can provide long term protection over short term fluctuations, and Alpha over Beta.
Company’s intrinsic value=net equity, long-term return of a stock = ROE. If average ROE of portfolio is above 15%, composite annualized return can reasonably exceed 15%.
Copyright ©2015-2019 @2019 Wellspring Capital
Query address:http://www.beian.miit.gov.cnLegal statement Registration code of fund industry association P1015065
Tel:010-88575665
Email:service@wellspringcap.com.cn
Work time:8:30-17:30(weekday)
Tel:010-88575665
Email:service@wellspringcap.com.cn
Work time:8:30-17:30(weekday)
Designed by Bobrand
Copyright ©2015-2019 @2019 Wellspring Capital
Jing ICP No.19037080
Query address:http://www.beian.miit.gov.cnLegal statement Registration code of fund industry association P1015065
Designed by Bobrand