Preserve first
The first question about any allocation is how it could harm the company, and whether that harm is survivable. Opportunity comes second.
Our approach · Capital allocation
Capital placed with intention
Jacob Decker allocates only its own capital, with clarity about why each amount is placed, how much can be lost and when it will be reviewed.
Our allocation rulesPrinciples we allocate by
- Preserve
- Size
- Reserve
- Match
- Review
Allocation rules
Source of capitalCompany only
Loss limit setBefore entry
Reserves held backAlways
Every allocation reviewedOn schedule
The framework
Five rules, every time
Size before entry
Every amount is decided before a position is opened, from a written limit, never adjusted afterwards to rescue a loss.
Keep reserves
Part of the company's capital is always held back, so we are never forced to act or sell at the wrong moment.
Match to horizon
Short-term capital for short-term work; patient capital only for long-term directions, when they begin.
Review honestly
Every allocation has a review date. Reasons are checked against results and the record is kept, whatever it shows.
Across horizons
Capital matched to each horizon
What we doCompany capital in liquid markets with strict position and loss limits. The only active area, and the one that teaches our habits.
Fixed income as a long-term direction: preservation and predictable income beneath the balance sheet.
Equities, real estate and strategic stakes as long-term directions, funded only with patient capital and only when we are ready.
In our own words
The questions we ask before every allocation
Question 01"If this goes wrong, does the company carry on exactly as before?"
Preservation test
Question 02"Have we written down why, how much and where we are wrong?"
Discipline test
Question 03"Is this capital meant for this horizon, or borrowed from another?"
Horizon test
Question 04"When will we review it, and who will hold us to it?"
Review testWhose capital does Jacob Decker allocate?
Only the company's own. We do not accept deposits from the public or manage money for anyone else.
Do you publish allocation sizes or returns?
No. We publish how we decide, not what we hold or how it has performed.
Can I invest alongside Jacob Decker?
No. Anyone offering you that opportunity is not us. Please check our verification page.
How often are allocations reviewed?
Every allocation has a review date set when it is made, and positions are reviewed after they close.
