Michael Leonardo

“Business will forever be a platform for people to exchange value. People are largely unpredictable, and value is largely subjective. This is the space where humans will always outperform AI – the space where active management will always be necessary.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“It is imperative to acquire assets at a financial cost that is less than their value. Timing the purchase based on changes in the marketplace or other factors may present great opportunity to widen the margin between cost and value.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“In nature, capital is never stagnant. Capital exists in service to life - at all times.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing

“We believe that active management and passive management are not necessarily contradictory ideas.”
― Hendrith Vanlon Smith Jr, Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing