Investment philosophy

 

  • Always have a margin of safety.
  • Choose companies with a significant competitive advantage
  • A solid balance sheet
  • Prefer companies with dividends
  • Invest – Don’t trade
  • Do not let emotions affect your decisions.
  • Contrarian – Do not be afraid of going against consensus.
  • Focus on the business. If it does well, the stock will follow.
  • Price is what you pay. Value is what you get.
  • Have patience!