Tony Hansen – Founder & CIO of EPG Capital
“One of the critical success factors for an investor is not to over look your mistakes.”
Tony is Founder and Chief Investment Officer at EPG Capital. Tony is one of the leading funds’ management firms in Australia, not only in returns generated but also in terms of fee structure. Tony set up EPG Capital’s fee structure so his firm’s intentions are aligned with his investors. For Instance, he doesn’t charge an administration fee, only a performance fee. Almost unheard of in the funds’ management industry.
Within six years Tony has grown funds under management from under $1 million to over approximately $50 million today.
Time Topics Discussed
|01:15||Beginnings of EPG|
|04:44||Lessons learnt from operating his own businesses|
|08:45||Understanding your own limitations|
|09:20||Expanding your circle of competence|
|12:00||Tony’s investment philosophy|
|18:45||First exposure to Warren Buffett|
|23:32||How Tony’s investment process has evolved|
|30:05||Timber plantation industry|
|00:12||Learning from mistakes|
|03:55||Investment thesis creep|
|13:45||Advice to investors|
|16:15||Controlling one’s emotions|
|19:49||EPG’s fee structure|
|39:10||Meeting Ted Weschler (Portfolio manager for Berkshire Hathaway Inc)|
View Tony’s latest interview on LiveWire.