Sanford DeLand Asset Management (SDL) was established in March 2010 by a group of like-minded business professionals. In order to cover the costs of establishing and seeding the CFP SDL UK Buffettology Fund, they formed SDL Limited.
Unlike many City asset management firms, the majority of the share capital of this entity is owned by the directors of the business. The willingness to seed the fund with their own capital ensures a strong focus on performance.
Business Perspective Investors start from the premise that there is no philosophical distinction between part ownership and outright ownership.
The moral of our approach is that only an excellent business bought at an excellent price makes an excellent investment. One without the other just won’t do.