Cove Street has received a number of inquiries from both existing and potential clients regarding any changes we have made to our investment process due to the COVID scourge. The very short answer is that of course nothing has changed! Business, Value, and People remain—and will always be—our key pillars. If anything, the pandemic only highlights the necessity of having, and sticking to, a deep research process and a disciplined decision-making framework.

I had the opportunity to discuss this topic and a number of others on the Market Champions podcast. Please enjoy the conversation here.

– Ben Claremon
Principal & Portfolio Manager