Complexity Investing (2MB PDF) by Brad Slingerlend and Brinton Johns
This paper attempts to put a more precise framework around the concept of investing in high quality companies at appropriate valuations. We stress the importance of adaptability, long term thinking, innovation, and duration of growth that balances positive and negative feedback loops. We are always looking for feedback as we evolve this paper, so please reach out with any comments or challenges. The paper will be updated here as we make significant edits.