Lafayette Investments, Inc.
Lafayette Investments, Inc. is an SEC-registered investment adviser headquartered in Ashton, Maryland. Founded in 1988, Lafayette provides custom investment advisory services primarily to high net worth individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, corporations, and other business entities. The firm is owned by several principals and directors and typically requires a $1,000,000 minimum in investible assets. Lafayette operates with a small, specialized team, with employee numbers not specifically disclosed in public filings. They tailor portfolios to meet each client's individual risk tolerance, goals, and liquidity needs.
Investment Strategy
Lafayette Investments employs a discretionary, client-centric approach, focusing on fundamental and qualitative analysis to evaluate potential investments. The firm reviews economic, industry, company-specific financial, and management factors to assess intrinsic value and determine when opportunities arise due to mispricing. They also incorporate subjective (qualitative) assessments, using client-specific objectives, risk tolerance, and liquidity needs to inform asset allocation and portfolio construction. Lafayette does not attempt to time overall market movements, instead focusing on the long-term fit of assets to client needs.
Top Holdings
Equity Positions (151)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BRK-B | BERKSHIRE HATHAWAY INC DEL | 11.59% | $57.3M | 118,045 | $123.48 | $485.77 | -$5.9M |
M MKL | MARKEL GROUP INC | 8.15% | $40.3M | 20,186 | $622.39 | $1997.36 | +$2.5M |
P PGR | PROGRESSIVE CORP | 4.81% | $23.8M | 89,174 | $29.16 | $266.86 | -$1.9M |
M META | META PLATFORMS INC | 4.20% | $20.8M | 28,162 | $219.90 | $738.09 | +$4.7M |
M MSFT | MICROSOFT CORP | 3.63% | $17.9M | 36,076 | $84.20 | $497.41 | +$4.4M |