Lava Creek Capital Management is a value-oriented investment firm. They continually assess how sentiment & behavior affects valuations within the capital markets.
Expectations based on forward extrapolation of current conditions can potentially lead to mispriced securities that can persist for extended time periods. As a result, excessive levels of either optimism or pessimism can coincide with inflection points (when catalysts occur) in security price trends over multi-year cycles. Within this framework of observations, they screen for undervalued small to mid-cap investment opportunities based on their own research, analysis & long-term perspective.
Their experience indicates that most investors tend to disregard value in exchange for a shorter-term focus & propensity to over pay for unsustainable growth & price momentum. They prefer to avoid the crowd & focus on longer-term value-oriented investments that typically require a greater degree of due diligence & discipline.