Brian Gaines

Don't be paralyzed by the fear of making a mistake. Understand that the best opportunities usually carry more perceived risks, and distinguish carefully between the risks that matter most and those you can live with. As long as I know the risks I'm taking and the stock prices are compensating me to take those risks, [...]

Brian Gaines

What you're unlikely to see us invest in is something like The Cheesecake Factory when it's at 30× earnings. At that level everybody knows it's a great story and, when it comes down to it, the bet you're making is whether or not the business grows a little faster or for a little longer than [...]

Brian Gaines

We work very hard to get as much information as possible, but it's hard to win the information arms race. There are always people who will know things you don't. Investing is about the conclusions you draw from the information you have. Just because someone speaks to seven store managers instead of the five we [...]