Who we are

At Water Rock, we believe investing is the balance between enduring fundamentals and adaptive catalysts. Like water and rock, we combine flexibility with strength — pursuing opportunities where speculation and discipline coexist.

Photo by Rick J. Brown

Our principles

Anchor in Fundamentals: Every company is assessed on the right fundamentals for its type.

Adaptive Speculation: Catalysts and narratives are opportunities, but only when tied to real substance.

Governance Awareness: Leadership, incentives, and autonomy matter as much as numbers.

Position Sizing Discipline: Conviction is measured not only in ideas, but in how much capital we allocate.

Respect for Drawdowns: Risk is not abstract, it’s lived in portfolio size.

Patience for Entry: We wait for asymmetry, not just opportunity.

Photo by Jackie Best