Comus invests in publicly traded equities worldwide and primarily focuses on what most others would call ‘deep value stocks’. We search to find undervalued, overlooked, and mispriced companies on various stock exchanges globally. We take advantage of price fluctuations to purchase companies at prices below rational estimates of fair value. In determining fair value, we analyze firms by their ability and/or potential to generate cash flows as well as the liquidation value of assets. At any given point we hold a relatively concentrated portfolio of anywhere from 10-25 positions and the majority of our holdings are in small companies in foreign, developed markets.
We manage separate individual accounts for investors and as a group own the same firms so for this reason, clients are viewed as business partners. With our current size and international focus, we are capable of investing in areas of global markets in which other institutions cannot and believe this, along with our philosophy and culture, provides us with a sustainable competitive advantage in seeking to achieve excess returns relative to the S&P 500.
Aaron J. Saunders is the owner and portfolio manager of Comus Investment, LLC. He graduated from Union College in NY with a bachelor of economics, and from the University of Leuven in Belgium with a master of business economics. He focused on microeconomics and international business strategy in his studies, and now applies that knowledge to the investments of this firm. He helped create a Belgian start-up called AcademicLabs and has experience as an industrial engineer with UPS.
Aaron can be reached at email@example.com