3 September 2026 · CEO, CGVentures

High conviction investment company

High-conviction investing means we put meaningful capital into a few businesses we understand, instead of copying the index. CGVentures applies that idea in Indonesia: equities for growth, gold for protection. This page is our thesis. It is not a product offer and not investment advice.

What high-conviction investing means here

High conviction is a concentration choice. We would rather own a few businesses at a meaningful weight than own a little of everything. That only works if the business is wonderful, the cash flow is real, and we can live with the path. It also means we accept that this book will not look like IHSG.

A barbell of Indonesian equities and gold

A barbell puts capital at two extremes and leaves the middle empty. One side is a small set of Indonesian businesses we believe can compound. The other side is gold, which is there to protect purchasing power when equities, inflation, or the rupiah move against us. We do not run a 60/40 catalogue. We run a book with a growth sleeve and a protection sleeve.

Indonesian equities

Indonesian equities are the growth sleeve. We look for wonderful companies with durable economics, cash generation, and room to reinvest. The public holdings table is the current picture of that sleeve, not a model portfolio for you to copy.

Gold

Gold is the protection sleeve. In Indonesia it has often held value when the currency and the equity market did not. The World Gold Council describes gold as a long-standing crisis hedge in rupiah terms. We use that role inside this barbell. We are not pricing gold for you, and we are not selling bullion.

Source: World Gold Council, Why Gold in 2026: The Strategic Asset for Indonesia.

Buy wonderful companies. Hedge with gold.

“We buy Indonesian equities for growth. We buy gold for protection. Compound on one side. Preserve on the other.” — CEO, CGVentures

  1. 1. Buy a wonderful company

    We seek exceptional businesses with strong fundamentals, durable economics, and the ability to create value over the long term.

  2. 2. Business quality over stock price

    We prioritize the quality of a business over short-term stock price movements, focusing on great businesses rather than simply what looks cheap.

  3. 3. Cash flow

    Sustainable cash flow is essential for long-term portfolio growth. We favor businesses that can generate and reinvest capital without relying on frequent capital injections.

  4. 4. Concentrated

    We prefer a concentrated portfolio of a few high-conviction investments, allowing meaningful capital to be allocated to our best ideas.

  5. 5. Dividend as buffer

    We view dividends as realized profits returned to shareholders, providing tangible returns and an additional buffer for the portfolio.

The public book

The homepage publishes this equity sleeve against IHSG. Holdings, average price, and the path versus the index are there so you can see the book, not so we can collect funds. Look at the public portfolio, then come back to these rules.

View the public portfolio

CGVentures does not collect or manage funds from the public. Information on this website is not investment advice. CGVentures is not responsible for any losses resulting from investment decisions made based on information presented on this website.

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