Our serene country location sets us apart from the emotions and short-term views of Wall Street. This physical and psychological distance allows us to patiently and thoroughly inspect and select each investment as if we were going to buy the entire company. Our goal is to maximize long-term total return on capital. We also realize that prudent investors want to minimize risk and protect their assets. Therefore, we employ a value approach to investing.

What this means is that we adhere to specific investment criteria. When we invest we don’t just review stocks, we evaluate businesses. Our philosophy is based on Benjamin Graham’s teachings in the book Security Analysis which detail the key elements to value investing. Graham, the “Father of Value Investing,” specified: stock ownership, focusing on good businesses with strong management teams, and buying with a margin of safety. Based on Graham’s methodology, we have developed our own investment criteria.