“Anker” is the German word for an anchor. Shipping is probably the oldest form of joint investment and risk-sharing, having its known origins in the ancient world. While we don’t see ourselves taking risks like the merchants of ancient times, we do see ourselves continuing in the tradition of managing a pool of capital with a common goal, albeit with a focus of aiming to reduce risks with attractive returns.
“Anchoring” is also an important concept in behavioural finance and psychology. It is a cognitive bias that occurs in decision making. It is symbolic for how irrational human decision-making processes can be, which is why we place a big emphasis on processes to help us to avoid unconscious biases.
For example, a low valuation can lead to other factors being seen more positive than they should be; conversely, a stock that has performed well could influence the level of attraction it should really have. Growth, valuation, relative performance, news-flow are important when considering the merits, but unless you adopt methods for avoiding biases to take hold, these are only single factors in an overall picture.
Our aim is to be both an “anchor investment” for our investors in their portfolios and to be an "anchor investor" supporting the right companies in the long-run, creating demand for their shares when the stock is mispriced and supporting management in taking the right decisions.
We want our investors to think and act rationally as long-term investors, just as we want the companies we invest in to make good long-term decisions.
ABOUT THE ART
The art on our website was created in collaboartion with Miriam Sugranyes, whose art "translates into images what others think in words". Together with Veronica Yates, she co-founded The Rights Studio, a creative hub for people and organisations to engage on human rights issues affecting children, young people and future generations through the arts and other creative expressions.
The artwork consists of seven individual images, which can be arranged in any sequence (myriorama cards). Each card represents different aspects of the interaction between financial markets and the neural response by a human or computer networks.
The connections between the images are:
Morse code, representing the 1's and 0's of a computer programme
Graphs/charts that can represent information over time
Neurons that make connections as a result of information inputs
By using a myriorama we emphasise that the process of humans and machines interacting with information is an ongoing learning process and feedback loop, subject to errors and biases.