W. Allen WallaceDec 14, 20187 minPrinciplesPrinciple 5: Think long-termBy designing repeatable processes, controlling our emotions, and putting the wind of time to the back of our sails, we maximize potential.
W. Allen WallaceMay 3, 20185 minPrinciplesPrinciple 4: Carefully manage liquidityAdequate liquidity is both an investment function and a financial planning function and is a key differentiator in how Basepoint works.
W. Allen WallaceMar 23, 20186 minPrinciplesPrinciple 3: Define risk as the permanent loss of capitalRisk: a four-letter word that many people avoid discussing in polite company.
W. Allen WallaceJan 12, 20184 minPrinciplesPrinciple 2: Invest with a margin of safetyWe always attempt to purchase securities with a margin of safety, and we utilize fund managers who do the same.