Tips by James Vanasek

Our strategy from the beginning has been to focus on areas where we believe we can have some advantage, where there is a greater prevalence of...
Most companies expand during good times and wind up over-leveraged and with too much capacity when the business goes south. We like to see the...
Any time we see a headline saying commodity X is trading at a 30-year low, we’ll be sure to look closely at the industry for the company or...
Say you’re interested in copper. You may start with the mining companies, then move to refiners, then intermediate processors, then metal-bender...
Value managers on their own can too easily make big, dumb mistakes. Because you’re stubborn, you’re apt to overlook the warning bell that should...