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We are investors. We buy and hold publicly-traded companies' shares when the market offers these shares at prices that are lower than their real or intrinsic value. Appraising an investment prospect, we want to understand the business, we want to like its management and we want to pay a reasonable price. We sell only if the reasons, on the basis of which, we bought the shares have changed or when we find a better investment alternative than the one we own.


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