New York · Hong Kong

AlphaStone.
Patient Capital.

We invest our own capital in a small number of businesses we understand well, public and private, and we expect to own them for years.

How we invest What we own

Foundation

Capital Preservation

The first job is not to lose money that cannot be recovered. Everything else comes after.

Time Arbitrage

Most money is impatient. Being able to wait, sometimes for years, is where much of our advantage comes from.

Aligned Incentives

Our own money goes into every investment. We work with a small number of partners, chosen carefully.