How value investor Chou wins with bonds

Mr. Francis Chou’s method can be boiled down to a few principles. As he wrote in his 2007 report to unitholders, “the cardinal principle of investing is to think first about preserving capital before thinking about making money. The greater the probability of permanent loss of capital, the greater the spread should be between a particular debt instrument and risk-free treasuries.”

Direct Link - How value investor Chou wins with bonds.

Francis Chou's Speech at The Ben Graham Centre - 8/1/07

This is Francis Chou's Speech to Value Investing Classes on August 1, 2007. His approach is to “find bargains and maintain discipline; if you can not find bargains stay in cash”.

Video Link - Francis Chou's Speech at The Ben Graham Centre - 8/1/07.

Burgundy Asset Management Resource Centre - Video & Audio

The Burgundy Library features a collection of video and audio recordings from various conferences and lectures, capturing the invaluable thoughts, ideas, and philosophies of prominent value investors. Like Charles Brandes, Francis Chou, Peter Cundill, Mason Hawkins, Mark Holowesko, Irving Kahn, Richard Rooney.