18 Degree Partnership

18 Degree Partnership

Professional Investment Management

Following the time-tested principles of value investing established by Benjamin Graham and Warren Buffett. We seek to compound capital over the long term through disciplined investment in exceptional businesses at attractive prices.

20.5%

2024 Return (CAD)

2023

Inception Year

0%

Management Fee

Investment Approach

We follow a concentrated investment strategy focused on identifying exceptional businesses with sustainable competitive advantages, purchased at attractive valuations.

Quality First

We invest in businesses with strong competitive moats, predictable cash flows, and management teams that allocate capital intelligently.

Price Discipline

We maintain strict valuation discipline, purchasing securities only when they trade at significant discounts to intrinsic value.

Long-Term Perspective

We hold concentrated positions in our best ideas, allowing compound interest to work in our favor over multi-year holding periods.

Patient Capital

We are willing to hold cash when attractive opportunities are scarce, avoiding the pressure to be fully invested at all times.

2024 Performance

The Partnership delivered a net return of 20.5% (CAD) in 2024, our inaugural year. This performance was achieved through a combination of stock selection and maintaining opportunistic cash positions during periods of market overvaluation.

Detailed performance analysis and portfolio commentary are available in our annual letter to partners.

View Detailed Analysis

20.5%

2024 Net Return (CAD)


2023
Founded
0%
Mgmt Fee
25%
Carry >6%

Partnership Structure

Built on transparency, alignment of interests, and long-term thinking.

General Partner

Daniel Andreev

Daniel founded 18 Degree Partnership in 2023 to apply the time-tested principles of value investing in today's markets. His investment approach emphasizes deep fundamental analysis and patient capital deployment.

Fee Structure

Management Fee: 0%
Performance Fee: 25%
Hurdle Rate: 6%

Investment Focus

Quality Businesses Competitive Moats Predictable Cash Flow Smart Capital Allocation Attractive Valuations

Partnership Inquiries

We welcome discussions with qualified investors who share our long-term investment philosophy and understand the patience required for superior results.

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