About Dalmilling Capital

Built with discipline. Compounding with purpose.

At Dalmilling Capital, I don’t see myself as an investor, rather as a partner of a small number of good businesses.

I have one clear purpose:

To hold and grow a portfolio of simple, well-run companies, some listed and some private.


Our Roots

Dalmilling’s story begins far from the trading floor..

The name Dalmilling is more than a label. It’s a reference to a street I bought my first property in Western Australia. I quite liked the sound of it, and I always wanted to name it after something sentimental. When my first child was born in that house, this name became something to attach my legacy to.

That house has become a quiet nod to place, endurance, and the compounding value of doing things the right way, even when no one is watching.


What I Believe

I want to invest like the old families used to: patiently, carefully, and with full responsibility for the outcome.

I don’t raise outside capital.
I don’t chase hot sectors.
I don’t follow the crowd.

Instead, I back companies that are:

  • Easy to understand
  • Durable and essential
  • Run by capable, honest operators
  • Capable of compounding quietly over time

I buy with the intent to never sell, because as Buffet would say: great businesses, like great family homes, get better the longer you hold them.


Over the next few years I intend to

Dalmilling Capital will acquire and holds a small number of businesses:

  • Privately owned firms seeking succession or long-term ownership
  • ASX-listed companies with strong fundamentals and growth potential
  • Cash-generating businesses in essential sectors.

We’re not trying to be a fund.
We’re not aiming for scale.
We’re here to partner with a few great businesses and for a very long time.


Who We Are

  • Elijah – Heavily Inspired by Buffett and Munger. Read every recommended book and I have become quite fanatical. In fact, that is what my wife would say. Relentless about discipline, quiet about conviction.

If you’re an operator looking for a long-term partner or if you’re a founder thinking about legacy, not just liquidity, I would love to hear from you.


Or if you just want to follow along quietly…

You’re in the right place.

Welcome to Dalmilling.