We are very selective about our investments, preferring to build up existing investments and hold them for a long time, rather than sell and move on to pastures new. ★ We take a very active role in working out the strategy of the ventures where we invest, and do not hesitate to give ‘guidance’ (or more) to our CEOs, and to replace them if necessary. ★ We have very high expectations for the performance of our investments and the price at which we will eventually sell them.
