6 Tips about Size

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...
Our strategy works best with smaller-cap stocks. Multiples tend to contract further when small companies mess up than when large ones do, so there’s...
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...
Our sweet spot tends to be in the $2-3 billion range, where the companies are clearly established but can still be under the radar. We also can get a...
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...
We try to be cap-agnostic, but we do want businesses that are easier to understand, and smaller to mid-size companies are generally easier to...
Tags: size, business