logo

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

Think...and act
...long-term
The market will be inefficient—wait for it

The mathematics of compounding

Less is more