¡°The fox knows many things, but the hedgehog knows one big thing.¡±
-- Ancient Greek parable
The one big thing we know is value investing.
Value investing is about investing in businesses at a price well below their intrinsic value.
(¡°Buying a dollar with 50 cents.¡± )
It is simple but difficult.
Many say it, but few really do it.
The only logical investment philosophy that we can understand and implement.
Note: We acknowledge our intellectual debt to Benjamin Graham, Warren Buffett and some other excellent value-investors. Many of the phrases and words that we use in our philosophy and principles sections of this website are quotes from their sayings and writings.
