Letter from Cobleskill - Autumn
October 9, 2019
"The Information Age in which we live makes it quick and easy to access endless amounts of data, but everything available is not necessarily accurate. One of Fenimore’s investment tasks is to sift fact from fiction. In our experience, the best way to learn the truth is to study a company’s operations in person. This research helps us stick to our proven process even when stock market sentiment may dictate otherwise. Today, that sentiment, in our opinion, could be described as 'anxious' for many investors due to factors such as trade tensions and politics."