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Research, not fashion
We study businesses, not narratives. The work is slow on purpose: read the filings, meet the numbers, and only then decide if the price is a gift.
Bozeman, Montana · Registered Investment Adviser
Focus on the signal.Ignore the noise.
A boutique advisor for people who would rather own outstanding companies than rent the index.
A quieter kind of firm
We turn over a lot of rocks. Then we wait.
Cottonwood Capital focuses on finding outstanding companies run by talented operators. We believe buying wonderful companies below their true value — and patiently waiting — will, over time, outperform the broad market.
While most advisors steer clients into index funds and mega-cap stocks, we prefer diligent, research-based investing. The public crowds into the most popular names; ETFs hold only the largest and most liquid. Our preference for smaller, unique companies increasingly looks like the prudent path.
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Smaller, unique companies
Away from the mega-cap crowd there is still such a thing as a misunderstood business. That is where patience is paid.
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Inflation is not optional
A responsible portfolio must manage inflation’s quiet tax. We see precious metals, like gold, as a practical way to carry that risk.
More than a 60/40
Four climates. One map.
Growth and inflation each rise or fall. That produces four economic environments — and four very different ways a portfolio can fail. The Quadrant Strategy places capital across assets suited to each climate, aiming for more consistent results with less of the market’s drama.
See the quadrantsTwice a year
Investment commentary
If you would rather own businesses than products, we should talk.
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