About Dola Capital
Dola Capital is fundamental, value-driven investment firm.
We manage a concentrated portfolio of businesses whose shares trade at a discount to intrinsic value. We search for undervalued companies and mis-priced situations on a bottom-up basis, one investment at a time, in places we think we have an edge. We believe our current advantages are size, flexibility, structure, and long-term thinking.
We pursue attractive investment results by focusing on risk. Investing only in situations that have a margin of safety, which helps mitigates downside and provide an attractive upside.
We believe that over the long-term it is beneficial to focus on risk first, rather than upside, because it reduces our chance of losing money and by itself takes care of the potential upside of the investment. A company that has a NAV of $20 and last month was at $10 and is now at $5 is now less risky and also has more upside. We also favor this approach because of the nature of compounding–a large loss is very difficult to recover from.
Results
Period: 2019 - 2024
Overall Gain: 430.4%
Compounded Annual Gain: 32.06%
“As a securities investor, you can watch all sorts of business propositions in the form of security prices thrown at you all the time.
For the most part, you don’t have to do anything other than be amused. Once in a while, you will find a ‘fat pitch’ that is slow, straight, and right in the middle of your sweet spot. Then you swing hard.
This way, no matter what natural ability you start with, you will substantially increase your hitting average.”
- Li Lu
About Me
Born and raised in Monterrey Meixco
Studied Computer Science at Tec de Monterrey
Passionate about entrepreneurship / investing
When I was sixteen years old I founded Dola, a footwear company, where I learned how to operate a business.
In 2021 I founded Kanguru, a social e-commerce platform that allowed people to earn money selling products online without needing to invest in inventory or handle shipping. Sold the software to Nowports founder.
Currently working at Savio, an payments collection platform, where I lead our payments and installment sales products.
What can you expect from this newsletter?
One deep dive every month, case studies on super investors, and weekly insights on investment topics.
I will not disclose whether I hold a position in the stock. Nevertheless, I will provide our investment thesis when I come across an exceptional company.
I must emphasize that subscribing to this website solely for hot stock tips is not encouraged.
My primary objective is to comprehend, analyze, and produce in-depth analyses of businesses.
