Francisco Garcia Parames

I once heard someone say that every time you double the distance from where you are to where you are investing, you should divide the quality of your assessment in half.

Francisco Garcia Parames

We have moved more from a pure Benjamin Graham style of value investing to one closer to Phil Fisher and Warren Buffett, in the sense that we're putting even more weight on the quality of the business. I don't know, maybe when you're younger you just care about getting things that are cheap and making [...]