About Us
Classic Value Investors
We are classic value investors in the tradition of Ben Graham and Warren Buffett, seeking superior long-term performance through the purchase of securities selling at prices materially below our estimate of intrinsic value.
- Cove Street Capital, LLC (CSC) is a Los Angeles area, SEC registered investment adviser founded by veteran value investor Jeffrey Bronchick, CFA in 2012.
- We manage assets for a global mix of institutions, foundations, family offices and high net worth individuals on a separate account, mutual fund, and sub-advisory basis, utilizing a research-intensive, concentrated value-based strategy.
- Deep fundamental research, repeatable investment process, and culture of continuous improvement.
- We are 100% employee-owned – 100% of team Cove Street are partners in the firm.
- Partners, not clients. Performance, not asset gathering.
Our Philosophy
To paraphrase Buffett paraphrasing Graham:
We will neither be right nor wrong because the crowd disagrees with us. We will be right when our data and reasoning are right.
Classic fundamental, research-driven value
Blend rigorous modeling with practical wisdom in the analysis of Business + Value + People
Concentrate on best ideas
Leverage intensive internal research
Index agnostic—must be different to deliver superior results
Index agnostic—must be different to deliver superior results
Think…and act…long-term
The market will be inefficient—wait for it.
