{"id":998,"date":"2025-04-09T20:12:55","date_gmt":"2025-04-09T20:12:55","guid":{"rendered":"https:\/\/zenon-invest.com\/home-page"},"modified":"2026-04-08T21:04:02","modified_gmt":"2026-04-08T21:04:02","slug":"home-page","status":"publish","type":"page","link":"https:\/\/zenon-invest.com\/en","title":{"rendered":"Home Page"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"998\" class=\"elementor elementor-998 elementor-19\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-67df854 e-con-full hero e-flex e-con e-parent\" data-id=\"67df854\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-0ae79a0 e-con-full overlay e-flex e-con e-child\" data-id=\"0ae79a0\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;position&quot;:&quot;absolute&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78d3e92 elementor-absolute elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-button\" data-id=\"78d3e92\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#Investmentphilosophie\" id=\"floating-btn\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9e8e98e e-flex e-con-boxed e-con e-child\" data-id=\"9e8e98e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6d2044a elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"6d2044a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our fund invests in public companies.<br>We are value investors.<br><br>Successful investing is more an expression of a way of life than a mere investment style.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d1897eb e-flex e-con-boxed e-con e-parent\" data-id=\"d1897eb\" data-element_type=\"container\" data-e-type=\"container\" id=\"Investmentphilosophie\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-58232f0 elementor-widget__width-initial section-header elementor-widget elementor-widget-heading\" data-id=\"58232f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Investment philosophy<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a2561c elementor-widget elementor-widget-text-editor\" data-id=\"1a2561c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Zeno of Citium was a Greek philosopher. He was the founder of the Stoic school of philosophy and lectured in the eponymous portico in Athens. His philosophy influences Western culture until the present day. Successful investing requires character traits that are very much in line with the guidelines of Stoicism:<br \/>Humility, independent thinking, emotional self-control, serenity and the lifelong pursuit of self-awareness and personal growth.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b89c658 e-con-full e-grid e-con e-child\" data-id=\"b89c658\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-28f278d e-con-full box e-flex e-con e-child\" data-id=\"28f278d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<a class=\"elementor-element elementor-element-aaa2942 e-con-full link e-flex e-con e-child\" data-id=\"aaa2942\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/zenon-invest.com\/?lang=en\">\n\t\t\t\t<\/a>\n\t\t\t\t<div class=\"elementor-element elementor-element-12ebaf4 box-image elementor-widget elementor-widget-image\" data-id=\"12ebaf4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"853\" src=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/sea-4242303_1280.jpg\" class=\"attachment-full size-full wp-image-953\" alt=\"\" srcset=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/sea-4242303_1280.jpg 1280w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/sea-4242303_1280-300x200.jpg 300w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/sea-4242303_1280-1024x682.jpg 1024w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/sea-4242303_1280-768x512.jpg 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-087c2e6 e-con-full e-flex e-con e-child\" data-id=\"087c2e6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-8292f25 e-con-full e-flex e-con e-child\" data-id=\"8292f25\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cdeb90e elementor-widget__width-inherit box-title elementor-widget elementor-widget-heading\" data-id=\"cdeb90e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Capital preservation and asymmetric risk profile<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-64a8149 e-con-full e-flex e-con e-child\" data-id=\"64a8149\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2335d62 elementor-widget__width-inherit box-title elementor-widget elementor-widget-heading\" data-id=\"2335d62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Safety of principal is our prime focus, but not avoiding volatility.<br>We search for undervalued stocks with an asymmetric risk profile.<br>No matter how long it takes, we look for the few good investment opportunities.<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-82b4add e-con-full box e-flex e-con e-child\" data-id=\"82b4add\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<a class=\"elementor-element elementor-element-5dcd27c e-con-full link e-flex e-con e-child\" data-id=\"5dcd27c\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/zenon-invest.com\/?lang=en\">\n\t\t\t\t<\/a>\n\t\t\t\t<div class=\"elementor-element elementor-element-e5ff9e7 box-image elementor-widget elementor-widget-image\" data-id=\"e5ff9e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1280\" height=\"853\" src=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest2.jpg\" class=\"attachment-full size-full wp-image-950\" alt=\"\" srcset=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest2.jpg 1280w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest2-300x200.jpg 300w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest2-1024x682.jpg 1024w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest2-768x512.jpg 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-355bb91 e-con-full e-flex e-con e-child\" data-id=\"355bb91\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-68df937 e-con-full e-flex e-con e-child\" data-id=\"68df937\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-159a9a9 elementor-widget__width-inherit box-title elementor-widget elementor-widget-heading\" data-id=\"159a9a9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Crises as opportunities<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a017b7b e-con-full e-flex e-con e-child\" data-id=\"a017b7b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c72deee elementor-widget__width-inherit box-title elementor-widget elementor-widget-heading\" data-id=\"c72deee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">We exploit irrational movements at financial markets by buying stocks below their intrinsic value. Such opportunities arise, for instance, during company-specific, industry-specific or macroeconomic crises.<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-22b0755 e-con-full box e-flex e-con e-child\" data-id=\"22b0755\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<a class=\"elementor-element elementor-element-804db6d e-con-full link e-flex e-con e-child\" data-id=\"804db6d\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/zenon-invest.com\/?lang=en\">\n\t\t\t\t<\/a>\n\t\t\t\t<div class=\"elementor-element elementor-element-e87b469 box-image elementor-widget elementor-widget-image\" data-id=\"e87b469\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1200\" height=\"801\" src=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest4.jpg\" class=\"attachment-full size-full wp-image-951\" alt=\"\" srcset=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest4.jpg 1200w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest4-300x200.jpg 300w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest4-1024x684.jpg 1024w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/zenon-invest4-768x513.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-052702d e-con-full e-flex e-con e-child\" data-id=\"052702d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-c1d7785 e-con-full e-flex e-con e-child\" data-id=\"c1d7785\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4c79891 elementor-widget__width-inherit box-title elementor-widget elementor-widget-heading\" data-id=\"4c79891\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Knowledge gained through analysis<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e3063ed e-con-full e-flex e-con e-child\" data-id=\"e3063ed\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4cc72dc elementor-widget__width-inherit box-title elementor-widget elementor-widget-heading\" data-id=\"4cc72dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">We only invest in companies and situations that we understand. By this, we mean we understand the business model, management character and valuation. <\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9c545f7 e-con-full box e-flex e-con e-child\" data-id=\"9c545f7\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<a class=\"elementor-element elementor-element-0b29fbc e-con-full link e-flex e-con e-child\" data-id=\"0b29fbc\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/zenon-invest.com\/?lang=en\">\n\t\t\t\t<\/a>\n\t\t\t\t<div class=\"elementor-element elementor-element-b26f1c4 box-image elementor-widget elementor-widget-image\" data-id=\"b26f1c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"720\" height=\"480\" src=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/binoculars-1209892__480.jpg\" class=\"attachment-full size-full wp-image-949\" alt=\"\" srcset=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/binoculars-1209892__480.jpg 720w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/binoculars-1209892__480-300x200.jpg 300w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d778e6d e-con-full e-flex e-con e-child\" data-id=\"d778e6d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-5e30707 e-con-full e-flex e-con e-child\" data-id=\"5e30707\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ac73fe elementor-widget__width-inherit box-title elementor-widget elementor-widget-heading\" data-id=\"7ac73fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Focus and long-term perspective<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-792012b e-con-full e-flex e-con e-child\" data-id=\"792012b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-059d600 elementor-widget__width-inherit box-title elementor-widget elementor-widget-heading\" data-id=\"059d600\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">We are long-term investors. Our portfolio is focused.<br>In value investing, our role models are Benjamin Graham, Warren Buffett and Charles Munger. <\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-15b290d e-flex e-con-boxed e-con e-parent\" data-id=\"15b290d\" data-element_type=\"container\" data-e-type=\"container\" id=\"team\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-56cdde5 e-con-full e-flex e-con e-child\" data-id=\"56cdde5\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-930e0c1 elementor-widget__width-inherit section-header1 elementor-widget elementor-widget-heading\" data-id=\"930e0c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Team<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f90a42 elementor-widget elementor-widget-heading\" data-id=\"7f90a42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Zenon Investments is an entrepreneurial-led partnership.Since its foundation in 2008, Michael Birkel and Bernd Muehlfriedel have been its Managing Partners.\n<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-606541d e-grid e-con-boxed e-con e-parent\" data-id=\"606541d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-557febb elementor-widget elementor-widget-image\" data-id=\"557febb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1200\" src=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113116-e1485383157289.jpg\" class=\"attachment-full size-full wp-image-940\" alt=\"\" srcset=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113116-e1485383157289.jpg 800w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113116-e1485383157289-200x300.jpg 200w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113116-e1485383157289-683x1024.jpg 683w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113116-e1485383157289-768x1152.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-80c23c4 e-con-full e-flex e-con e-child\" data-id=\"80c23c4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b04df8a elementor-widget__width-initial section-header elementor-widget elementor-widget-heading\" data-id=\"b04df8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Dr. Michael Birkel<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2eb5dc0 elementor-widget elementor-widget-heading\" data-id=\"2eb5dc0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Since 2009 business angel and supervisory board member.<br>From 2009 to 2020 venture partner with VC firm Target Partners.<br>From 1999 to 2008 founder and CEO of 12snap AG (a mobile-commerce and -marketing pioneer).<br>Post-exit, member of the supervisory board for two years until 2010.<br>From 1998 to 1999 senior consultant with McKinsey&amp;Company.<br>\nPh.D. in Theoretical Physics (University of Oxford). <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bebef39 e-grid e-con-boxed e-con e-parent\" data-id=\"bebef39\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-51d231c e-con-full e-flex e-con e-child\" data-id=\"51d231c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-10a3a49 elementor-widget__width-initial section-header elementor-widget elementor-widget-heading\" data-id=\"10a3a49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Prof. Dr. Bernd M\u00fchlfriedel, CFA<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b29f19e elementor-widget elementor-widget-heading\" data-id=\"b29f19e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Since 2013 Professor for Entrepreneurship &amp; Investment Management at University of Applied Sciences Landshut.<br>Since 2008 university lecturer and supervisory board member.<br>From 1999 to 2008 founder and CFO of 12snap AG. Sale of company in 2006\/2007.<br>From 1998 to 1999 senior consultant with McKinsey&amp;Company.<br>Ph.D. in business science (TU Munich).<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b33509 elementor-widget elementor-widget-image\" data-id=\"0b33509\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1200\" src=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113068-1-e1485383407361.jpg\" class=\"attachment-full size-full wp-image-941\" alt=\"\" srcset=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113068-1-e1485383407361.jpg 800w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113068-1-e1485383407361-200x300.jpg 200w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113068-1-e1485383407361-683x1024.jpg 683w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/04\/Optimized-20170113068-1-e1485383407361-768x1152.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c3b808 e-flex e-con-boxed e-con e-parent\" data-id=\"3c3b808\" data-element_type=\"container\" data-e-type=\"container\" id=\"Investorenprofil\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-24a9f12 elementor-widget__width-initial section-header elementor-widget elementor-widget-heading\" data-id=\"24a9f12\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"investorenprofil\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Investor profile<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-75832e5 e-grid e-con-boxed e-con e-parent\" data-id=\"75832e5\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9d6c90d elementor-widget elementor-widget-image\" data-id=\"9d6c90d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"500\" src=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/t.png\" class=\"attachment-full size-full wp-image-954\" alt=\"\" srcset=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/t.png 500w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/t-300x300.png 300w, https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/t-150x150.png 150w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9d9ebee e-con-full e-flex e-con e-child\" data-id=\"9d9ebee\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8aba96c elementor-widget elementor-widget-heading\" data-id=\"8aba96c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Our investors share our investment philosophy. They show tolerance for volatility and have an investment horizon of 5 years, at least.<br>They understand that often bear markets offer good investment opportunities. <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-be7f20a e-grid e-con-boxed e-con e-parent\" data-id=\"be7f20a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-caa4255 e-con-full e-flex e-con e-child\" data-id=\"caa4255\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5691c08 elementor-widget elementor-widget-heading\" data-id=\"5691c08\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Anyone looking for the following will not find it with us:<br>a broadly diversified portfolio of well-known stocks,\npanic attacks in face of temporary losses,\nan analyst team or fancy offices.<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc8a6bc elementor-widget elementor-widget-image\" data-id=\"dc8a6bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/zenon-invest.com\/wp-content\/uploads\/2025\/05\/t-4-300x300.png\" class=\"attachment-medium size-medium wp-image-955\" alt=\"\" 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Successful investing is more an expression of a way of life than a mere investment style. Investment philosophy Zeno of Citium was a Greek philosopher. He was the founder of the Stoic school of philosophy and lectured in the eponymous portico in Athens. His philosophy influences [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-998","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/zenon-invest.com\/en\/wp-json\/wp\/v2\/pages\/998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zenon-invest.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/zenon-invest.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/zenon-invest.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/zenon-invest.com\/en\/wp-json\/wp\/v2\/comments?post=998"}],"version-history":[{"count":22,"href":"https:\/\/zenon-invest.com\/en\/wp-json\/wp\/v2\/pages\/998\/revisions"}],"predecessor-version":[{"id":1115,"href":"https:\/\/zenon-invest.com\/en\/wp-json\/wp\/v2\/pages\/998\/revisions\/1115"}],"wp:attachment":[{"href":"https:\/\/zenon-invest.com\/en\/wp-json\/wp\/v2\/media?parent=998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}