 |
| |
Philosophy
|
| Tactica's investment philosophy is
derived from the accumulated wisdom of a number of role models
like Benjamin Graham, Warren Buffett, Charlie Munger, Philip
Fisher, John Templeton, and other gurus, over a long period
of time. |
|
|
We believe that:
- Price changes everything- High prices turn great companies
into speculations and low price turn lousy companies into bargains.
 We look for crazy bargains based on the exceptionally successful,
proprietary deep value investing themes developed by us.

- Focus on absolute, not relative, return.
 Our investment philosophy leads us to make portfolio allocations
irrespective of the condition of the market. The portfolio is
divided into a combination of straight-equities, special situations,
activist situations, placeholders, cash & bonds – which
leads to low co-relation with the Market Indices.

- Look for situations where you can play a role in unlocking
value.
 Tactica acts as a responsible shareholder activist in its investee
companies by working with their managements in an attempt to unlock
value. We advise various value-enhancing financial engineering
techniques to restructure their balance sheets, hence unlocking
the value. This leads to higher degree of control on our initiated
transactions.

- Tactica belives that its not risk and reward that are positively
co-related, but effort and reward.

If opportunity comes, Tactica is willing to take acquisition of
100% of the companies’ equity. In past, we have carried
out few activist transactions, like unsolicited tender offer for
a controlling block of Gesco Corporation
Limited, which had lead to considerable profits for us and
our clients.
|
|
 |