ABOUT US

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Tempered Investment Management Ltd. is a Vancouver, BC based investment firm founded in 2010.

We manage assets on behalf of a select group of institutional, high net worth individuals and retail investors in both Canada and the United States through separately managed accounts and a proprietary Canadian pooled fund. We are registered with Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission.

Our fundamental investment objective is to achieve absolute long-term capital appreciation while minimizing the risk of capital impairment. We invest in global companies with a margin of safety, which is the difference between the intrinsic value of a company and the price paid. We aim to uncover and invest in companies that have long-term growth potential, strong business fundamentals, and are typically owner operated at a discount to their intrinsic value. We conduct our research and invest like business owners and place great emphasis on the alignment of interest between management and shareholders.

We believe that a permanent loss of capital is the primary source of risk and not market volatility.  At Tempered, market volatility is embraced and not shied away from. Short-term mark-to-market decline in security prices provides us with investment opportunities. To capitalize on these opportunities, it is essential for our clients to share our multi-year investment horizon as these volatile situations may occur regularly and can last for an extended period of time. 

Furthermore, we believe in managing a concentrated portfolio of companies to enable us to focus on the most compelling investment opportunities. By managing a concentrated portfolio, the risk of capital loss can be reduced when investing in companies that trade at a discount to their intrinsic value. In the long run, we expect our investments to reflect their estimates of intrinsic value.