Philosophy

We founded Hestia Capital in January, 2009, with less than one million dollars in AUM, based on the belief that we could build a truly exceptional firm based on a few simple principles:

• Long-term focus: In an industry focused on monthly volatility and quarterly earnings, we can deliver long-term success for our firm and our Partners by focusing on the long-term prospects of our investments.
• Differentiation: We look to exploit inefficiencies in the market by looking at companies most active managers avoid, employing an investment process and expertise many other managers don’t have.
• Partnership: At Hestia Capital, the key word in “Limited Partner” is “Partner”. Successfully implementing a differentiated long-term strategy requires investors that understand and trust our approach.
• Transparency: We build long-term trust with Partners through true transparency; we talk about our mistakes and what we don’t know as much as our successes and what we do know.
• Growth: We strive to be better investors every day. We constantly self-assess, looking for ways to improve and evolve as investors and as a firm.