
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 1930's. 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.
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