Our investment philosophy reflects the teachings of Benjamin Graham and Warren Buffett.

We apply a clearly defined disciplined approach to Value Investing.

Value investing is the process of buying assets for significantly less than the true “intrinsic” or business value to a rational purchaser.

A consistent, sustainable investment process is vital to weathering all economic climates. The strength of our investment philosophy is based on an unwavering commitment to investing in quality businesses.

We believe these quality companies possess sustainable competitive advantages, creating value as profitable businesses that can, over time, provide attractive returns with less risk than the overall market.

We maintain a long-term focus and do not attempt to keep pace with all markets.

We believe trying to keep pace with the market in all environments promotes poor decisions and increases the probability of making mistakes.

The philosophy that guides the management of our portfolios is built on fundamental analysis and traditional principles.

Owner’s Investment Manual
ESG Governance Factors


“Successful Investing takes time, discipline and patience … ”

– Warren Buffett


“The stock investor is neither right or wrong because others agreed or disagreed with him; he is right because his facts and analysis are right.”

-Benjamin Graham, The Intelligent Investor