Our goal is to protect and build our partners’ capital. We think like owners, and focus on earning strong long-term absolute returns without taking excessive risks.

Quality-Value Investing:

We employ a quality-value investment approach to preserve and grow our partners’ capital over the long term. Quality-value investing is based on investing in sustainable real Gold assets when we can buy them for less than they are worth and holding them for the long term in digital forms for our partners.

Our investment philosophy guides us to:

• Focus on research - Intensive research into individual gold companies and their management is the critical process that supports our investment decisions
• Remain patient - We take a long-term view because it takes time for the quality and value of our gold assets to be realized by the markets.
• Invest globally - We invest in quality gold companies across the capitalization spectrum, wherever they may be found in the world.

Research & Patience:

The value of an investment opportunity in gold comes from the quality of a real gold product and the price we are willing to pay for it. We start by narrowing the vast global gold investment universe to a subset of products that have characteristics of quality, and those that fit within our “circle of competence” – the products and assets that we have the ability to understand thoroughly.
We compare our assessment of a gold product’s intrinsic value to the price at which it is available in the international market. We remain patient, investing in gold when its market price is significantly lower than its intrinsic value. The greater the difference between a gold product’s market price and its intrinsic value, the greater the margin of safety. Investing with a margin of safety helps us to protect and grow capital over time. Ultimately, over the long term, we expect gold market price to align with our estimate of its intrinsic value. The gold product’s we seek have a history of increasing their intrinsic values as gold metals continues to gain rarity and value.

One Equity Approach, Applied Globally:

Our Chief Investment Officer oversees several teams with specialized investment expertise in Germany, Canada, the U.S., Europe, Asia and Emerging Markets. The structure of our teams empowers the people with the deepest experience to make decisions. Each team is led by a single Portfolio Manager who has full accountability and autonomy over the team’s mandate, within the limits of GoldHub’s investment philosophy and the guidelines set by our Chief Investment Officer, Mr Anton Moritz.
Portfolio managers, together with the dedicated and experienced analysts who support them, spend their time building a deep understanding of the investment opportunities within their geographic mandates. The combination of senior established investment managers with like-minded gold analysts encourages collaboration, stability and succession within each team.
Working from our office in Austria, our Investment Team’s research includes frequent travel to gain first-hand knowledge of gold companies and their management teams. We choose to dedicate resources to travel because we believe it leads to deeper insights to our team members. This combination of on-the ground experience and a localized team allows us to create a truly global perspective in the gold markets.