This manager commentary provides insight into our philosophy, which has remained unchanged since our founding, and the key tenets that have consistently underpinned our investment approach. These excerpts are not all-encompassing. They should provide a clear sense of “how we think” relative to our application of a value investing philosophy as pioneered by—among others—Ben Graham, Warren Buffett, and Charlie Munger.
Please click on a title below to read the full commentary excerpt.
