As the premium for fast growing businesses continues to climb, consider this casino game analogy and how it relates to our investment approach.
Pulling The Goalie
2019-05-31, Jason Reed
How the analogy of pulling the goalie in hockey relates to investing. What does it mean for value investors?
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Probabilistically Thinking
2017-03-03, Jason Reed
17th century mathematicians Blaise Pascal and Pierre de Fermat advanced our understanding of probability with what is now called the Gambler’s Ruin Problem.
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Consistently Different
2015-12-04, Jason Reed
Our investment philosophy is to create concentrated portfolios of businesses that generate above average returns with below average risk.