Thinking Like Owners, Investing With Discipline
Our Value Investing Strategy
At Bartoli Value Capital, our investment strategy is rooted in the value investing principles of Benjamin Graham—prioritizing intrinsic value, margin of safety, and disciplined risk management.
We believe stock prices often diverge from underlying business worth, creating opportunities for long-term investors to capitalize on market inefficiencies.
“In the short run, the market is a voting machine, but in the long run, it is a weighing machine.”
– Benjamin Graham
We do not speculate. We do not chase market fads. Instead, we invest like business owners, prioritizing financially strong companies trading below their intrinsic value and holding them long enough for their earnings to compound.
Our Three-Step Investment Process
Rather than predicting short-term price movements, we focus on finding high-quality businesses, ensuring downside protection, and compounding wealth over time.
1
Identifying Value
Our investment process begins with a simple question:
Is this business fundamentally strong and trading at a discount to its intrinsic value?
We seek companies with:
✅ Durable competitive advantages
✅ Strong balance sheets and cash flow generation
✅ Shareholder-oriented management
✅ A history of consistent profitability
Markets are often inefficient—driven by short-term emotions rather than long-term fundamentals. We capitalize on these mispricings to acquire quality assets at attractive valuations.
2
Margin of Safety
Before investing, we ask:
Are we paying a price that justifies the risks?
Our approach ensures that we:
✅ Buy only when a sufficient Margin of Safety exists—meaning the stock trades well below its intrinsic value.
✅ Avoid permanent losses by staying away from speculative, overleveraged, or overpriced businesses.
✅ Manage risk through discipline, never overpaying for growth projections that may never materialize.
3
Thinking Like Owners
Once we invest, we do not act as traders—we act as owners.
We evaluate businesses based on long-term earnings power, not daily stock price fluctuations.
Our philosophy prioritizes:
✅ Long-term compounding – Holding great companies for years to maximize returns.
✅ Tax efficiency – Avoiding unnecessary turnover that erodes gains.
✅ Rational decision-making – Remaining patient and disciplined, even when markets become irrational.
By aligning our mindset with that of a business owner, we let intrinsic value, not market sentiment, drive our decisions.
This approach echoes Warren Buffett’s value investing strategy, which favors simplicity, long-term thinking, and rationality over speculation.
Disciplined, Opportunistic, Long-Term
We invest with discipline, protect against downside risk, and let
great businesses generate long-term returns.