"Welcome to the Collins BIS homepage! In 2001, after a successful
thirty year career in the institutional investment industry, I was
ready to optimize the management of my own assets. The only thing I needed was a stable
of deep value investment managers. I started Collins BIS to help
— Budge Collins, founder of Collins BIS and advisory board
member of the Heilbrunn Center for Graham & Dodd Investing,
Columbia University Graduate School of Business.
I was after managers who follow the value discipline of Ben Graham
and Warren Buffett. I wanted emerging deep value, big margin of
safety managers. They had to be the right size, less than $100
million, small enough to be flexible but large enough to have proven
the commitment and discipline I require for my own extremely demanding
When we find a manager who meets these requirements,
I call on him in his office. I don’t make just one visit.
I make ten. (It takes about two years.) I check his consistency,
discipline and commitment to value investing. I check each department
and the backgrounds of all principals and department heads.
the end of the process I know that manager's operation almost as
well as he does. Then, if I have confidence in his ability, his
integrity and his discipline, I will probably invest some of my
assets with him. And I continue to carefully monitor subsequent
behavior and performance.
Since 2001, I have found approximately twelve managers that I feel comfortable investing with today. They manage the majority of my liquid assets. Many have asked me to represent them, but I limit it to just a few managers at a time. Today I feel more strongly than ever that the emerging managers I represent, now proven in the market place and unburdened by vast portfolios, are ideal for institutions. If you are a first-time visitor to our website, or if you would like to receive material about our work, please call, e-mail or write to me personally. I love the investment business, and would be very happy to share my thoughts and experience with you.
This website is intended for Qualified Institutional Buyers. Please contact us to gain access to information about investment managers represented by Collins BIS.