Cape Town · Private Investment Company · Est. 2005
Sygma Investment & Consulting builds long-term value through Snowball Wealth, our value-investing vehicle, and a small number of private equity holdings we know intimately. No fads, no forecasting — just patient, owner-minded investing.
What we do
Snowball Wealth is our public-market value-investing arm. Alongside it, Sygma holds direct stakes in private operating businesses — where we don't just invest, we help run things.
A concentrated, Graham-and-Buffett-inspired portfolio built on companies bought well below intrinsic value, with a wide margin of safety.
Direct ownership stakes with hands-on management and treasury support — the businessman's side of the balance sheet.
We report candidly, measure ourselves against the JSE Top 40, and only prosper when our shareholders prosper.
“Life is like a snowball. The important thing is finding wet snow and a really long hill.”
Warren BuffettManagement
Leo, Julian and Lyndon have worked together since founding Sygma in 2005 — each with a sizable share of their own net worth invested alongside shareholders.

Managing an account since 2003 with returns averaging over 30% a year, inspired by Graham and Buffett.

Chartered Accountant, ex-PKF. Co-founded Sygma in 2005 and launched Snowball Wealth in 2008.

Cape Town accounting background before co-founding Sygma alongside Leo and Julian in 2005.
Portfolio
Sygma's private equity holdings are chosen deliberately — small enough for real involvement, strong enough to compound on their own.
Read our investment philosophy, or get in touch directly.