Letters & Info

At Banyan Capital Management we believe performance is best achieved through disciplined commitment to our long-term investment philosophy. We also believe that good communication is critical in our client relationships. We will always communicate in a straightforward and frank manner with our clients and we welcome the opportunity to share our views through our quarterly letters.

Please feel free to download copies of some recent and past letters. The letters are in Adobe’s PDF format, so you may need to download Adobe Reader if you do not already have a PDF viewing program.

  • You probably would not choose to dine at a restaurant whose chef always ate elsewhere. You should be no more satisfied with a money manager who does not eat his or her own cooking.

    — Seth Klarman