The developer of Super-prime properties in London Saigol DDC's profits stand out in a time when others were struggling. The company's returns to investors from 2005-2008 were 150% per annum. Since 2008 and the onset of the problems in the credit market that culminated in the demise of Lehman, Saigol DDC has returned 50% to investors.
The kind of success that they have reached can not be described as insignificant, saigol DDC has achieved every fund's goal of making more money than others in the good times and even when times are not going to well.
When you compare them with other companies you will be surprised at their success. The FTSE has slumped over the same period, private equity funds have struggled and even the best hedge funds have had a torrid time managing the challenges of the credit crunch.When looking at other property comparisons, Saigol DDC's results are more than just simply impressive, they were phenomenal. For example, Knight Frank's Prime Central London Index, the leading index focused only on sales in the best postcodes in prime London, dropped 20% during the crunch.
Are you wondering how they managed something like that? Company founder Faisal Saigol explains, "Our success is built on a fantastic team and strong investment discipline. We never forgot the fact that markets make you overpay in good times and are happy for you to underpay in bad times. At the peak of the market, we therefore stuck to our guns in making decisions based on the merits of the deals in front of us and were happy to let others chase deals that we felt were overpriced. We only closed deals that gave us a margin of safety."
Now it is easy to spew out statements during interviews but another thing when you have to use them in making money making decisions. Faisal goes on to say, "Not doing a bad deal is often better than doing a great deal." Sounds simple enough, but I am sure many other investors are wishing they had heeded tips like that when they still had the chance.
The kind of success that they have reached can not be described as insignificant, saigol DDC has achieved every fund's goal of making more money than others in the good times and even when times are not going to well.
When you compare them with other companies you will be surprised at their success. The FTSE has slumped over the same period, private equity funds have struggled and even the best hedge funds have had a torrid time managing the challenges of the credit crunch.When looking at other property comparisons, Saigol DDC's results are more than just simply impressive, they were phenomenal. For example, Knight Frank's Prime Central London Index, the leading index focused only on sales in the best postcodes in prime London, dropped 20% during the crunch.
Are you wondering how they managed something like that? Company founder Faisal Saigol explains, "Our success is built on a fantastic team and strong investment discipline. We never forgot the fact that markets make you overpay in good times and are happy for you to underpay in bad times. At the peak of the market, we therefore stuck to our guns in making decisions based on the merits of the deals in front of us and were happy to let others chase deals that we felt were overpriced. We only closed deals that gave us a margin of safety."
Now it is easy to spew out statements during interviews but another thing when you have to use them in making money making decisions. Faisal goes on to say, "Not doing a bad deal is often better than doing a great deal." Sounds simple enough, but I am sure many other investors are wishing they had heeded tips like that when they still had the chance.
About the Author:
Learn more about Saigol ddc. Stop by www.real-estate-news-articles.com where you can find out all about Saigol ddc and what it can do for you.
No comments:
Post a Comment