STEGINSKY CAPITAL LLC is an SEC-registered investment advisor located in New York City
Our international client base consists of high-net-worth individuals, trusts, private foundations and investment companies.
We manage money for our clients by investing in a long-term concentrated portfolio of public companies with a focus on people and company culture.
Our client accounts are individually managed with assets custodied at an institution of the client's choosing.
Investing
We get to know and continually scrutinize first-class entrepreneurs because we believe it is their vision, boldness and passion for excellence that inspire organizations to greatness.
These entrepreneurs are truly the heart and lifeblood of corporate growth, which is the basis for the creation of shareholder wealth. We do not relate to companies as stock prices or quarterly projections, but as people with aspirations, with disciplines, with fears, with failures, and with an incandescent passion for being the best at what they do. How people treat each other with basic respect and common decency leads to relationships that celebrate and bring forth optimum results from and for everyone.
The number of our investments is limited to nine or ten companies because only then can we be assured of an intensity of conviction. We believe that three quarters of the risk that can be eliminated through diversification is achieved with nine or ten companies. Beyond that number we may gain a little more diversification, but at the cost of losing conviction.
Steginsky Capital relishes "intelligent discomfort." We want our investments to always be "works in progress." The value of meeting people is continuing to get to know them, to being surprised by quirks or flaws, to watching how people respond to a harsh turn of events or to a grave misjudgment of character. We welcome the kind of mistakes that foster creative breakthroughs. We are searching for elasticity of heart and mind within a framework of rigorous accountability and trust.
When we make an investment, it is our intention to own it for a very long period of time. We believe this enforces a discipline of only studying the issues that are relevant to long-term wealth creation. We never try to predict the short-term direction of the market or specific stocks. Volatility in the markets does not disturb us. In fact we embrace volatility as one of the reasons for the generous wealth-building power of the market over time.
*Please Note: Limitations. Steginsky Capital LLC does not provide financial planning services. Steginsky Capital LLC does not serve as an attorney, accountant, or insurance agent. Steginsky Capital LLC does not prepare legal documents or tax returns, nor does it sell insurance products.
Andrew Steginsky, CFA
Andy is a CFA charterholder and earned a BS degree from Ohio State University in Economics and Finance. He began his Wall Street career in 1981 at Oppenheimer & Co. Inc., where he was a Vice President. In 1988 he joined Schroders and was responsible for managing portfolios for high net worth individuals. In 1998 Andy became a Director at Schroders where he remained until the formation of Steginsky Capital LLC in 2000.
Andy is fascinated by people and recognizes that a company's long-term value is in part determined by entrepreneurial passions that include hard work and caring about other human beings. While his family is the center of his universe, his passions also include opera, classical music, and taking risks as an amateur chef.
Diana Rhodes, Office Manager
Diana earned her BS in Finance from Long Island University and Series 7 and 63 securities licenses while working at Merrill Lynch.
Diana joined Steginsky Capital in 2016. She came to us from the Sterling Grace Group where she worked for 18 years as a trader and operations manager.
Her hobbies include sailing, hiking and traveling through the US to reach her goal of visiting all 63 national parks.
Eric Steginsky, Office Manager
Eric earned his liberal arts degree from Guilford College in Greensboro, North Carolina in 2009. He was awarded the Young Alumni Achievement Award in 2021 for demonstrating outstanding achievement early in his career. Eric joined Steginsky Capital in 2009, working in research and development.
Eric is an entrepreneur in his own right. He founded Planet i in 2017, designing and creating a line of sunglasses. His interests include photography, art history, design, and travel.