Investment Philosophy and Criteria
Find a role model; get the recipe; don’t change the recipe. You can only change the recipe when you exceed the role model.
Billionaire Michael Lee-Chin has created wealth for himself and his investors by following Warren Buffett’s recipe and David Mullings is following the recipe with coaching from Michael.
We don’t buy businesses. We build them.
We approach investment strategy and operational improvement with discipline and rigor but we will not tell you how to do your job. We lend our perspective to help unlock the potential of your business so that it can go from good to great.
Framework
Our team seeks to build companies that demonstrate the following attributes as laid out by Michael Lee-Chin:
Solid return on equity
Positioned in a long-term growth industry
Entrepreneurial, competitive and hard-working management
Potential to be a global leader
Possessing competitive advantages (for example, intellectual property, brands, relationship networks, licences, etc.)
Possessing quality tangible assets
investment criteria
Sizable market with historic and anticipated growth
Fragmented among many small and medium-sized companies
Low or mitigated regulatory risk
Owner-Operator
US$5+ Million of revenue
US$2+ Million of Operating Profit
15%+ Net Margins
3+ consecutive years of profitability
Recurring or repeatable revenue
Identifiable growth opportunities
our STRUCTURE
Blue Mahoe Holdings, Inc. is a Delaware-registered company and is operated as a single family office for David P. A. Mullings. It is built like Warren Buffett’s Berkshire Hathaway. We do not directly manage outside capital and invest directly from our balance sheet as well as via affiliated companies. We also build our own companies.
Our first company open to retail investors is Blue Mahoe Capital, Inc. and we intend to list it on the NASDAQ in 2024. The offering was qualified by the SEC on May 8th, 2024 (see EDGAR Filings).