Kehlet Capital Management, LLC is a Registered Investment Advisor in the State of Texas. We have been helping clients invest better since 2017. We believe everyone deserves financial peace of mind, which is why we work hard to deliver exceptional long-term results with trustworthy service and low fees.
We invest in a concentrated portfolio of 10 - 15 high-quality*, micro-cap stocks that we believe are capable of creating significant shareholder value over the long-term.
We believe concentrated portfolios amplify a manager's ability. That is, if a portfolio manager is a poor stock-picker, a concentrated portfolio will perform worse than a diversified one. However, if a manager is an adept stock-picker, a concentrated portfolio should outperform it's diversified counterpart. Therefore we think concentrated investing can provide higher long-term returns if done correctly.
Why micro-cap stocks?
Micro-cap stocks are often less well-known than larger companies like Disney, Facebook, Apple, or Netflix and are frequently ignored due to their size. As a result, we believe micro-cap stocks provide excellent stomping grounds for opportunistic investors who are willing to look where others are not.
We believe that markets are unpredictable in the short-term, but over the long-term stocks trend toward their fair values. As a result, we think patience is critical to investment success and provides a significant advantage over more short-term focused investors.
What is the process?
We use a boots-on-the-ground research process to find businesses we believe are of the highest quality. This means doing more than just reading about a company. It means seeing it in action by visiting a store, speaking with customers, or meeting with competitors. We believe this minimizes risk and provides a deep understanding of the businesses we invest in.
At Kehlet Capital Management we strive to be one of the rare investment advisors who regularly outperforms their benchmark, has low fees and provides trustworthy service. And we think our track record speaks for itself. But we want you to find a great advisor, even if it is not with us. If you have any questions or would like more information, you are welcome to schedule a free, 15 minute phone consultation by clicking the button below. Or feel free to send us a note using the contact form at the bottom of the page. You can also find additional information about the company, as well as risks associated with micro-cap investing, in our form ADV Part 2A filed with regulatory agencies and available upon request.
*Based on Kehlet Capital Management's internal research and analysis
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Michael Wright, CFA
Founder, Portfolio Manager
Michael founded Kehlet Capital Management in December 2016 and serves as the Portfolio Manager. From 2013 to 2016, Mr. Wright worked as an Equity Research Analyst at Bares Capital Management. Prior to Bares Capital, he served as a Portfolio Manager for the MBA Investment Fund at the University of Texas at Austin where he received an MBA with a concentration in Investment Management. He graduated from Michigan State University with a B.S. in Mechanical Engineering and is a CFA charterholder.
17806 IH 10 Suite 300, San Antonio, TX 78257