In his latest 2021 Annual Meeting, Bob Robotti discusses the revenge of the stock-picker.
The idea that you can efficiently allocate capital at low cost basis if you’re buying the top companies in the concentrated few, that makes sense.
And that’s what differentiates us and we think that will mean the performance that we’re going to get will be much better than what the indices will get for small cap because it’s all about bottom-up stock research on companies, understanding the companies, understanding their industries.
