We work diligently to understand and implement the techniques and philosophies practiced by other successful and outstanding investors like Warren Buffett, Charlie Munger, Marty Whitman, John Templeton, and others. We have conscientiously analyzed their techniques and philosophies and broken them down into their building blocks. From that basis, we have derived our own disciplined approach to fit our style. We have consistently applied our approach to the benefit of our clients by outperforming the market averages by a wide margin over the intermediate and longer term time periods. It has been proven time and again that those investors that have held to a disciplined and consistent intelligent approach no matter the current fads in the market, have outperformed the popular averages.
During years of underperformance, it is not because we abandoned our strict investment criteria, but because we adhered to them. Not because we ignored fundamental analysis, but because we practiced it. Not because we shunned value, but because we sought it. And not because we speculated, but because we refused to speculate.