Journal

Letters, essays, and occasional notes.

We write when we have something worth saying.

  • March 2026

    Chairman's Letter

    Worthy of permanence.

    On building businesses that endure.

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  • January 2026

    Essay

    On the discipline of doing very little.

    Why the best holding companies make few decisions, deliberately.

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  • November 2025

    Annual Report

    Sentiasa Holdings — 2025 Annual Report

    A complete accounting of the year, in the company of our partners.

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  • August 2025

    Note

    Welcoming Antara to the Sentiasa family.

    A short note on our newest partner, and what drew us to them.

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  • April 2025

    Essay

    Permanence as a competitive advantage.

    What changes when an owner is incapable of being a forced seller.

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