At EBS Asset Management, we have a firm commitment to a value-oriented
approach toward investment management.
Value investing is rooted in the works of Benjamin Graham and David Dodd,
dating back to the 1930s. Their methodologies in security analysis are the
foundation upon which modern value investing was built. Simply put, value
investors seek to exploit the opportunities presented when businesses are
priced, through their stock, at a discount to their intrinsic value. The
philosophy of value investing holds that buying a business at a discount to its
intrinsic value provides the investor with a margin of safety. Investors prosper
as intrinsic values rise and as valuation discounts shrink.
While the concept of value investing is not novel or unique, our passion for
value and our disciplined approach to investing is what distinguishes EBS. Three
central themes dominate our investment philosophy: searching for value in the
businesses we buy; focusing on the long term when evaluating businesses and
people; thinking independently of the Wall Street crowd.