It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price. Warren Buffett Investing in equities is inherently risky. Any business that you may be considering as a potential investment has numerous moving parts that can positively and negatively affect the […]
Investment Process
2 posts
As value investors, risk management is at the core of our investment process. Academics and much of the finance industry use a security’s volatility as the primary measure of risk, but value investors will often take a slightly different approach. In a 2014 memo Howard Marks of Oaktree Capital posits […]