August 31, 2025

Inside This Issue


Value Is What You Get

Andrew Brenton, Jeff Cole, Turtle Creek Asset Management

Andrew Brenton and Jeff Cole of Turtle Creek Asset Management describe what they’ve found to be two enduring sources of market inefficiency, how they actively trade around positions, how they compare investing to reading Tolstoy, and why they believe the market is mispricing Premium Brands, Bread Financial, Ashtead Group, BRP Inc. and Colliers.

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Away From the Crowds

Philip Best, Marc Saint John Webb, Quaero Capital

Philip Best and Marc Saint John Webb of Geneva-based Quaero Capital explain why they remain as committed to small and micro-cap investing as ever, why transforming companies tend to attract their interest, what they look for in partnering with company management, and why they see unrecognized value in Safilo Group, Quadient, Pricer and Jenoptik.

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Uncovering Value: Domino’s Pizza

Here's a peer valuation comparison that could catch your eye.
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Uncovering Value: BrightView

Before being a "roll up," best to get your house in order first.
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Uncovering Value: TransDigm

Even high-quality companies like this one have stock-price drawdowns worthy of notice.
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Who's Behind VII?

John Heins, Co-Founder, Editor-in-Chief
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John Heins co-founded Value Investor Media, Inc. in 2004 and since then has served as its President and as the Editor-in-Chief of Value Investor Insight. In 2016 he took on an additional role as a Professor of Value Investing at the University of Alabama and is now the Director of the university's C.T. and Kelley Fitzpatrick Center for Value Investing.