Our Approach

Clime will only buy shares in attractive companies when they are offered in the market at a discount to our calculation of their intrinsic value.

An attractive company generates superior rates of return on equity (ROE).

We value companies by assessing the multiple of equity one shouldd pay for the business. In simple terms: Valuation = equity X ROE / Required return

We view the stock market as the mechanism that enables us to acquire investments in companies. It is not a vehicle for us to ‘trade stocks’.