Tony Ennis's Blog Posts about Value Investing

Value investing is different from speculation
- An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.
Value investing depends on the intrinsic value
Value investors seek a margin of safety
Think in terms of years or decades, not weeks or months
Value investing requires a contrarian mindset
Avoiding losses is the first priority
Know what you own and why you own it
Think like a business owner, because you are.
Seek an "adequate return"