Flexible approach - will look at ALL asset classes.

Value investing is risk aversion.

Pressure to produce over the short term - a gun to the head of everyone - encourages excessive risk taking which manifests itself in several ways - fully invested posture at all times, the use of leverage, and a market centric orientation that makes it difficult to stand apart from the crowd and take a long term perspective.

Graham's wonderful sentence as, an investor needs only two things: cash and courage. Having only one of them is not enough.

Investment success cannot be captured in a mathematical equation or a computer program.

In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a speculative undertaking.

You need humility to say 'I might be wrong.'