Tigers are associated with strength and courage. Rabbits are fearful.

Estimated tiger population: only 3,000 animals, endangered.

Estimated rabbit population: over 700 million animals.

Mostly fearful (like a rabbit), we are fully aware that turnaround stories are extremely rare as, unfortunately, most companies never turn around. But some exceptions to the rule do exist, and that's when we change our skin.

Here at Nortia Research we strive to combine the best characteristics of both animals: we try to fearfully preserve our capital, but we also have the courage to invest "in the darkest times possible" when we find an outstanding story with a positive asymmetrical risk/reward profile.