Compound with Concentration
Banash Capital invests with the goal of achieving the highest risk-adjusted returns possible by investing in a handful of high-quality businesses that have the potential to compound its capital at high rates of return over a long period of time.
About Banash Capital Partners, And Its Founder Yanky Banash
I've established this partnership to offer others the chance to grow their capital alongside mine.
My journey into investing began at the age of 18, fueled by a deep-seated fascination and passion for business and the stock market. My enduring goal has been to multiply my initial capital from a modest sum into a substantial one over my lifetime.
My mindset and framework are primarily influenced by Warren Buffett and his teachings over the years.
This venture goes beyond being just a job; it's a hobby and a passion that demands a lifelong commitment to learning and improvement. As a result, my approach and style will continue to evolve over time.
Our primary objective is to acquire high-quality, competitively strong businesses at a fair price, with the intention of holding them for the long term. These businesses should possess the capacity to internally grow and compound capital on our behalf.
If we fail to achieve a meaningful return over any given 5-year period, I would consider it a letdown for our investors.
This opportunity is indeed rare and challenging to come by, but the rewards make all the effort worthwhile.
The silver lining is that we don't need to find many such opportunities; even one good idea every 5 years has the potential to significantly enrich us.
In my quarterly letters, you will join me on our journey of finding, analyzing, and learning in the pursuit of discovering these gold mines.
The partnership is structured with a very fair and aligned incentive system for me, ensuring that my interests are perfectly aligned with those of our investors.
Furthermore, I have over 90% of my personal net worth invested in the partnership alongside our investors.
My goal, which I diligently adhere to, is achieving a minimum of a 15% annualized compounded return.
It's important to note that this return may not come in a straight line, and it's quite likely that we may underperform the general market in 3 out of 5 years.
However, our performance should be evaluated over a 5-year time frame. If I cannot attain a minimum of a 15% annualized return over any given 5-year period, I would have failed my investors!
Our Values
Integrity
Business has its ups and downs; we aim to say it as it is and act in the best interest of our investors.
Aligned Interest
We specifically created our fee structure to ensure that our goals and our investors' goals are aligned. Furthermore, over 90% of Yanky's net worth is invested together with our investors in the fund
Getting Rich Slowly
We have two rules. Rule #1: Don’t lose money. Rule #2: Never forget Rule #1.
We will not take on high risk to get high returns; we will wait for the right opportunity to come our way, where the risk-adjusted returns are attractive.