7 Tips about Change

It’s often when companies are in the midst of change – buying or selling divisions, installing new management, reorganizing or restructuring....
In periods of rapid change in liquidity and economic conditions, the odds that we’re simply wrong about our estimates of companies’ near-term...
It would be unusual for someone to call us with an idea that we don't already have some knowledge of. As a result, the vast majority of our ideas come...
The hedge-fund industry grew up by preying on the inefficiencies created by the mutual-fund mentality of only departing from a benchmark index...
Historically, value investors have found opportunity in declining businesses with companies that could milk cash flow and make smart investments...
Are you just putting out the money fires in your life? or are you building a solid, disaster proof financial foundation. Living paycheck to paycheck...
Our experience shows there's a positive correlation between improvements in a company's return on invested capital and its stock performance. More...