How to invest?





the Investors' Guide



Fundamental Bottom-up Stockpicking


We generate prudent investment ideas by focusing on company fundamentals. Our analysts base investment decisions on their own research and access to corporate managers and execute long or short positions in a disciplined and thoughtful manner.


BDL’s goal is to invest in quality business models and management teams that create value for their shareholders. We invest in companies that:
- generate sustainable returns on capital invested,
- produce sustainable free cash flow to return to shareholders, and;
- are based in Europe and whose shares are highly liquid.