"Take some time to sit down and figure out how your big rival is promoting their brand and plan something smarter and more creative for yours!"

Previous Quote

One of the dangers about net-net investing is that if you buy a net-net that begins to lose money your net-net goes down and your capacity to be able to make a profit becomes less secure. So the trick is not necessarily to predict what the earnings are going to be but to have a clear conviction that the company isn't going bust and that your margin of safety will remain intact over time.

— Peter Cundill