Intelligent Investing. Impressive Results.
Our investment philosophy is rooted in identifying change in our target companies ahead of the market. We use idiosyncratic viewpoints to create thesis-driven pitches. To best capitalize on opportunities we find in the market, our teams have a flexible mandate.We are concerned not only with generating benchmark-beating returns, but also seeking returns that stem from the actualization of our theses.
Opportunities to view our teams pitch live will be announced in advance.
Long-Side
Our “long” view focuses identifying potential changes and catalysts in strong companies, which have yet to be appreciated by the market.
Secular Trends & Themes
Good businesses are well-positioned to take advantage of upcoming trends. These changes are expected to shape social or economic development, which accompany growth.
Protected & Secure
Fundamental to any investment are defensible competitive advantages. These allow the company to generate predictable returns over a long time horizon which we can capitalize on.
Bargain Hunting
We do not want to overpay for a business. Instead, we identify businesses that are trading at a substantial discount to our estimate of intrinsic value which will soon be recognized.
Short-Side
We take “short” views when we believe there is a below-par business that has not be appropriately identified by the market.
Deteriorating Fundamentals
We want to identify companies that are becoming obsolete due to disruption. “The longs of yesterday” whose fundamentals have quietly weakened.
Deceptive Accounting
There are many firms that are structurally unprofitable and are reliant on deceptive accounting techniques to balance their books.
No Valuation Shorts
We believe that intrinsic valuation techniques require too many assumptions which are rarely actionable in the market. As such, we do not pitch valuation shorts.
"I feel very grateful for my time with Trillium. The club was foundational in helping me figure out what I was interested in and providing ample guidance and resources to help me improve. Most importantly, It provided an awesome environment to learn: friendly culture, like-minded peers, and great mentors.
Going forward, I look forward to continue keeping in touch with both current members and alumni, many of whom became close friends. I can confidently recommend the club to everyone, but especially those interested in a career in finance and the public markets."
Sean Li,
Trillium ‘20
Sean was Trillium Co-President from 2019-2020 and a summer analyst at L/S hedge fund Point72 during his time as a member. Following graduation, he worked in Investment Banking at Credit Suisse New York before moving to his current role at L/O firm Dodge & Cox in San Francisco. He continues to be involved with Trillium as a mentor to help bring pitches to new heights.
Trillium looks for ambitious and passionate individuals to join our team, learn more about our next hiring process.