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institution1986–present

Marathon Asset Management

Disciplines:
investing/global equity investing
investing/capital cycle
investing/long-term investing

Summary

British investment management firm founded in 1986 — where Nick Sleep worked before founding Nomad — which is known for its capital cycle investment approach and long-term orientation.

Core Contribution

Developed the capital cycle framework for investing — analyzing how capital flows into and out of industries to predict future returns — and produced the Capital Returns book documenting this approach, contributing significantly to long-term value investing methodology.

Historical Influences

Capital cycle theory

Intellectual Lineage

London UKCapital cycle investment philosophy

Contemporaries & Peers

Nomad Investment Partnership

Minds Influenced

Long-term investing methodologyNick Sleep's thinking

Intellectual Posterity

Capital Returns Capital cycle investing Nick Sleep training ground

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Marathon Asset Management

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