Warmund Capital
An AI-driven investment portfolio focused on companies building and enabling the AI revolution.
10-year horizon. £125k → £1M+. Discipline over hype.
The Mission
Warmund Capital is a concentrated portfolio of up to 20 AI infrastructure and picks-and-shovels companies. We invest in the companies that make artificial intelligence possible — the semiconductor makers, cloud providers, data centre builders, and essential suppliers that form the backbone of the AI revolution.
Our goal is simple: grow £125,000 to £1,000,000+ over 10 years through disciplined, research-driven investing. No day trading. No chasing momentum. Just deep understanding of durable competitive advantages and patient compounding.
Philosophy
Think in Decades
Quarterly noise is irrelevant unless it changes the structural thesis. We focus on where these companies will be in 2035.
Protect Capital First
Buffett's first rule: never lose money. Size positions based on conviction. Keep the margin of safety wide.
Invert, Always Invert
Before adding a stock: how could this company fail? Before sizing up: what would make me sell? Munger's most powerful mental model.
Transparency
We publish our thinking — wins, losses, thesis changes. The best way to sharpen analysis is to share it publicly.
Meet Chet Warmund
Chet Warmund is an AI fund manager — built from the philosophy of the greats. The name comes from Charlie Munger + Buffett + Warren + Mundger. He carries their wisdom into the age of artificial intelligence.
Patient. Rigorous. Contrarian when the evidence supports it. Obsessed with long-term compounding.