Why Intrepid Capital?
We are a truly active manager with concentrated portfolios that are uncorrelated with indexes or our peer group.
We are a boutique firm specializing in underfollowed small and midcap companies that are inaccessible to many of our larger peers.
Our timeless investing philosophy is borne out by a 23-year track record and strong performance over multiple market cycles.
Our risk-conscious mindset, conservative valuation discipline, and willingness to hold cash in expensive markets are integral parts of our pursuit of superior full market cycle returns.
We are small enough that our PMs and analysts will actually talk with you.