What differentiates us from other money managers with a similar style is that we’re comfortable with new lows.
Sooner or later, the market will do what it has to do to prove the majority wrong. - Peter Cundill
Sooner or later, the market will do what it has to do to prove the majority wrong.
- Peter Cundill
I try to keep in mind Oscar Wilde's comment that "saints always have a past and sinners always have a future," so no investment should be ruled out s… - Peter Cundill
I try to keep in mind Oscar Wilde's comment that "saints always have a past and sinners always have a future," so no investment should be ruled out s…
One of the dangers about net-net investing is that if you buy a net-net that begins to lose money your net-net goes down and your capacity to be able… - Peter Cundill
One of the dangers about net-net investing is that if you buy a net-net that begins to lose money your net-net goes down and your capacity to be able…
The difference between the price we pay for a stock and its liquidation value gives us a margin of safety. This kind of investing is one of the most … - Peter Cundill
The difference between the price we pay for a stock and its liquidation value gives us a margin of safety. This kind of investing is one of the most …
There is always something to do. You just need to look harder, be creative and a little flexible. - Peter Cundill
There is always something to do. You just need to look harder, be creative and a little flexible.
When a stock doubles, sell half - then what you have is a free position. Then it becomes more of an art form. When you sell depends on individual cir… - Peter Cundill
When a stock doubles, sell half - then what you have is a free position. Then it becomes more of an art form. When you sell depends on individual cir…
Why will someone sell you a dollar for 50 cents? Because in the short run, people are irrational on both the optimistic and pessimistic side. - Peter Cundill
Why will someone sell you a dollar for 50 cents? Because in the short run, people are irrational on both the optimistic and pessimistic side.
Protect the downside. Worry about the margin of safety. - Peter Cundill
Protect the downside. Worry about the margin of safety.
Long term debt and bank debt (including off-balance sheet financing must be judiciously employed. There must be room to expand the debt position if r… - Peter Cundill
Long term debt and bank debt (including off-balance sheet financing must be judiciously employed. There must be room to expand the debt position if r…
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