To my knowledge there are no good records that have been built by institutions run by committee. In almost all cases the great records are the product of individuals, perhaps working together, but always within a clearly defined framework. Their names are on the door and they are quite visible to the investing public. In reality outstanding records are made by dictators, hopefully benevolent, but nonetheless dictators.
Peter CundillThe share price must be less than book value. Preferably it will be less than net working capital less long term debt.
Peter CundillThe company must be paying dividends. Preferably the dividend will have been increasing and have been paid for some time.
Peter Cundill