01.
Live by the golden rule

02.
make it better than it was before

03.
find the rage to master

04.
hire great people and be open

05.
reputation is everything

Treat others as you want to be treated. Integrity always wins in the long run.

The potential for improvement is everywhere. In every property. In every company. In every person.

When we stop learning, we stop growing. Always be intellectually curious and strive for mastery.

Bring together passionate people with different styles and viewpoints, who can show off their talents in a culture of openness.

There are no shortcuts to creating wealth. Our goal is to deliver superior results while always taking the high road.

06.
perfection is the enemy of progress

07.
be humble, even when most confident

08.
protect the downside

09.
under promise and over deliveR

10.
SUccess is never final

Iterate often and take calculated risks. Small mistakes lead to new insights and better results over time. Avoid big mistakes.

Success is born out of arrogance, but greatness comes from humility. It is okay to say “I don’t know.”

Our priority is that our actions produce consistency, protection of capital, and superior performance in bad times. Protect the downside and the upside will take care of itself.

Success in investing is built over the long term and the ability to create value in a deal. We want to make sure we never fail our partners and do our very best to exceed expectations.

We’re driven to get better and better. It is the pursuit of excellence and impact that drives us to continually improve.