The Marlowe Manual

The Ocean Doesn't Care About Your Swimming Lessons

Intergenerational wealth through deep fundamental research and concentrated public market investing.

For Those Who Think in Decades

This is not a typical investment book. It is a collection of questions and answers from conversations with institutional allocators, built on decades of deep fundamental research and psychological discipline.

Volume I asks a fundamental question: "Where are the Walmart billionaires?" It explores how capital actually compounds—and why most investors never experience it.

Volume I

Questions & Answers for Allocators

"Where Are the Walmart Billionaires?"

The ocean doesn't care about your swimming lessons. But if you're going to swim anyway, you should probably know how.

How do you identify quality in a noisy market?
What makes a business truly exceptional?
Why does concentration work when diversification is the norm?
Volume I Cover

Selected Essays

Download excerpts and essays from The Marlowe Manual.

Where Are the Walmart Billionaires?

The central question driving the philosophy of Marlowe Partners.

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Investment Philosophy

Why we measure results over five-year time frames.

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Extreme Overpayment

Understanding the mathematics of permanent loss.

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"
Magic is just someone spending more time on something than anyone else might reasonably expect.
— Teller