We earn simple and transparent fees and all discounts that we are able to negotiate with service providers are passed on, in their entirety, to our clients. Northstar earns no hidden commissions, rebates or payments-in-kind from any intermediary or service provider. Furthermore, the investment team co-invests with our clients within the same products and are substantial clients of the firm.
WE ARE A SPECIALIST ASSET MANAGEMENT COMPANY:
We do not provide services beyond our scope of competency. Northstar is a specialist asset manager and all our efforts are directed towards research and managing specialist portfolios. We do not offer wealth management, tax or any auxiliary services to our clients as we believe these other services will dilute the standards we set ourselves within our core competency.
WE DO NOT ATTEMPT TO TIME MARKETS:
We are extremely confident that our investment process delivers exceptional long-term results for our clients. We have no confidence in our or anyone else’s ability to produce consistent, superior short-term returns for clients. We view markets as irrational betting machines in the short-term and understand that performance is random at best. Consequently, we do not trade for short-term gains.
WE AVOID PERMANENT CAPITAL LOSS:
We spend hundreds of hours evaluating each investment which we identify before deciding whether it qualifies to be incorporated in our portfolios. Part of this process is establishing varying potential outcomes for the asset in question – we undertake a bear, base and bull case on each stock. In so doing, we aim to determine what the upside and downside might be and consequently, develop a deep-seated knowledge of the businesses in which we are invested. This ensures that we avoid the pitfalls of investing inappropriately and destroying wealth for our clients.
WE HAVE AN UNREMITTING INSISTENCE AND FOCUS ON PERFORMANCE:
At Northstar we set the highest standards of performance both in terms of investment returns and in the overall quality of service which we provide to our clients. This is not purely lip service - Northstar is unique in that it actually measures performance at all levels, both with regards to investment returns for clients, but also in as far as we have internal systems that allow us to measure each and every member of our team with regards to their efficacy in producing long-term returns and/or servicing our clients.
First flight of the Wright Flyer I, Orville piloting, Wilbur running at wingtip.
Following numerous improvements to flight and the rocket engine in the intervening period the project to launch Voyager missions begins with the Mariner Jupiter/Saturn 1977 mission being approved by NASA, later named Voyager.
The Voyager spacecrafts carry golden records with sounds and images of life and culture on Earth, intended to be found in the distant future.
Voyager 1 returns first spacecraft photo of Earth and the Moon. Voyager 1 and 2 encounter Jupiter, send back images of Jupiter’s Ring System, and discover the first active volcanoes beyond Earth.
Voyager 1, travelling at 61,000 km/h, is currently 18.8 billion kilometers from Earth, while Voyager 2 is now 15.3 billion km from home. Both are currently entering interstellar space.