Tips by Philip Tasho

The core of our experience and success has been in companies with market caps from between $200 million to around $2 billion. Small-cap investing can...
Given energy’s commodity nature, it’s all about how [energy-company] management allocates capital in a capital-intensive business. What’s...
In absolute terms, we generally want to see 50% upside potential over the next couple of years. And unless we see at least 3x more potential upside...
Tags: value, growth, price
To avoid selling too soon, we’ve forced ourselves to look over long periods at where margin and sentiment peaks have been in individual stocks, to...
It’s a lot easier to know when to buy something than when to sell it. In general, when the upside/downside ratio from the current price gets to...
One mistake we’ve too often made is buying lagging companies that stay that way much longer than we expect, often because we misread a macro trend....
I’ve been doing this for more than 25 years and have learned never to take mistakes lightly. What’s most important for us, though, is to stay...