We learned to build our emotional muscles, helping us make it through major market falls and grind through the trying times without losing our equilibrium.

We're just very much a plain-vanilla, long-only investment fund.

By buying big - going narrow and deep, as opposed to a diversifying - you maximize your successes.

The market gives you the opportunity to arbitrage what the emotional investor will pay or sell at versus the fundamental value of a company, but you've got to pull the trigger promptly without hesitating. We've disciplined ourselves mentally and prepared ourselves in terms of information, as well as relationships with brokers, to do that.