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Superior Returns
Focused Investing
In The Pursuit Of
In Quality Businesses
Strategy
Focused.
Opportunistic.
Patient.
Investment Process
Searching globally for the best businesses of the next decade.
Kingman D. Penniman, Jr. CFA
Invest
Account sizes starting at $100,000

The Alchemist Fund

Focused investing. Patient capital.
 
We believe a focused portfolio composed of
quality businesses purchased at attractive prices
will generate superior returns  with less risk
than a portfolio composed of many securities
chosen with less care.