What Makes us Different We are conviction investorsOur portfolios hold our best ideas We form long term viewsBy undertaking detailed and robust company and industry work We invest consistentlyOur experienced team uses a proprietary cashflow valuation and our small cap 9 Commandments The market’s short-term focus creates opportunities for long-term investors like us: EigerThe MarketRigorously estimate future cash flow growthExtrapolates current earningsAnalyse structural change in industries and companiesOverlooks long term structural changeIdentify inappropriately geared balance sheets and sustainable growthPays little attention to the state of balance sheetsFocused on capital efficiency and return on investmentOverlooks return on investment and compounding growth