For part of our portfolio we are value investors…

Many people see the collapse of the sub-prime markets, along with the failure and subsequent rescue of many banks, as failures of capitalism…

We love the stocks we own even if we cannot predict the timing in which they will appreciate.

As capital allocators, it is important to remain dispassionate amid the volatility.

We use stories to make sense of the complex and the incomprehensible…

The desire to create a story that emancipates one from blame and promises future forecasting precision

If we are honest with ourselves and our colleagues, remain attentive to our own biases and deceptions,

We employ a dispassionate analytical framework…

I think you need to be a little bit of a philosopher to be a good investor.

Main Street is not independent of Wall Street.