The core of our strategy is stock selection. The unpardonable mistake for us is to own shares in bad businesses.
November 21, 2017 Our clients have no intention of remaking any of the money entrusted to our care. Accordingly, we resist the temptation to try to prove our cleverness by taking heedless risks with their money. November 21, 2017 We are keenly aware that most investment mistakes are the result of unexamined assumptions.