Competitive Advantage
We seek to own shares of companies with durable competitive advantage. If maintained, a company should consistently generate cash at a...
Oct 31, 20155 min read
The Pause That Refreshes
The Pause That Refreshes Halfway through 2015 the S&P 500 is flat, a refreshing pause from the current stock market advance that began in...
Jul 27, 20155 min read
On Indexing
With the spate of articles and analyses of how index investing is superior to active management, it is time we weighed in on the topic....
May 1, 20154 min read
