Invest with Confidence

Highway 54 primarily looks for, and invests, in publicly traded businesses that: 

• We can understand.
• Have a consistent operating history.
• Have favorable long-term prospects.
• Have able and honest management.
• Can retain and compound earnings at above average rates of return.
• Can be purchased at a reasonable price.

"Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. Over time, you will find only a few companies that meet these standards—so when you see one that qualifies, you should buy a meaningful amount of stock.” 

-Warren Buffett

Highway 54's portfolio errs on the side of portfolio concentration, rather than over-diversification. We only want to take swings at fat pitches, so when one comes across the plate, we aim to swing big. It's not uncommon for Highway 54 to have up to 10% of our investable assets in one company's stock.