Time for a value comeback?

An insightful piece from James Gruber at Morningstar speaking with our Co-CIO Hugh Selby-Smith on what has happened to value investing and how Talaria has been able to deliver where others may not have.

“The question I put to Selby-Smith is how Talaria has managed to sidestep the carnage of other value investment funds. And he talked extensively about process and discipline. For 17 years, Talaria has largely adopted the same process. For them, it’s all about finding stocks that generate substantial free cashflow, have rock-solid balance sheets, and can be purchased at discounts to fair value.

Read the full article here