Founder Letter

Dear Prospective Investor,

Summit Gates Capital LLC’s mission is to prudently grow investors’ assets alongside ours over time. Our process to achieve this involves looking for opportunities off the beaten path which minimize risk and maximize upside. How we invest our capital is important because it will have an impact on the car we drive, the house we live in, and retirement our families would enjoy. The fund was formed to share and bring together like-minded people along on the journey.

While the initial idea and inspiration for founding Summit Gates Capital came from a desire to achieve financial independence, it has since evolved into developing a vehicle for change greater than oneself. The idea is to compound capital at above average returns and eventually funnel a portion of that back into society through philanthropic ventures. Wealth and success does not come from one person alone, but from the work of society as a whole. Therefore, it is only fitting that wealth derived from society is also re-invested back into society for the greater community.

While we derive core principals and ideals from various legendary investors, we’ve adapted them to modern-day investing and made our investment process uniquely our own.

Our Investment Principals

  • We view stocks as ownership pieces of a business.

  • We are focused on the long term.

  • We patiently invest in only exceptional opportunities.

  • We perform deep investigative research to find value in inefficient markets.

Are our interests aligned? 

  • A significant amount of our liquid capital is invested alongside our clients.

  • You have visibility to your own separately managed account.

  • We will distribute bi-annual investor letters and are open for questions/requests/concerns.

  • We seek opportunities for outsized returns over time.

Why not just invest in an index fund like the S&P 500?

  • Stock indices are flawed because they put more weight in bigger companies meaning you miss much of the initial growth. For example, Tesla was put into the S&P 500 after it became a $500B company.

  • By buying into the S&P 500, you are investing in 500 large good and bad companies.

  • If you buy what everyone else is buying, you’ll have average results. We aim for outsized returns while limiting our downside risk.