3 Tips about Reduction

We think our way of investing lowers risk dramatically. If you invest only in quality businesses that generally aren’t exposed to external shocks...
Long periods of prosperity tend to breed overconfidence on the part of investors, which leads to a misassessment of risk. During times of excesses, we...
One of the key ways we manage risk is by buying securities for which there are minimal expectations. If expectations are minimal or no one is paying...