Tips by Clyde McGregor

We want to maintain the discipline that we will invest in a company, regardless of size, if it meets our criteria. Part of that is because we learn...
One lesson is how important it is to get out there are talk to people. If you spend all your time with your models and spreadsheets, you’re likely...
The historical record on how they allocate capital – acquisitions, divestitures, buybacks, etc. – is ultimately most important to shareholder...
We’re looking for businesses whose shares are trading at a 40% or more discount from our assessment of their private market value. To avoid value...
We are required as analysts to present five, six or seven key reasons to own a stock, and if any of those start to erode, that’s a warning sign that...
One reason our results have been relatively strong is because our mistakes have been in smaller positions and our successes in larger ones. I...