Research the business
Understand unit economics, durability, capital allocation, management behavior, and the market structure around the company.
Investment Philosophy
A disciplined process for turning research into accountable decisions.
Letmo focuses on long-term analytical learning: writing down the thesis, measuring outcomes, and making the investment process easier to audit after the fact.
Separate thesis from price
A good company is not automatically a good investment. Valuation, margin of safety, and opportunity cost are reviewed separately.
Define risk before entry
Position sizing, thesis-breaking evidence, liquidity, and behavioral risk are documented before capital is committed.
Review the decision
Notes and performance records make each decision easier to revisit, critique, and improve over time.