As we move closer to the first tip-off of the 2021-22 basketball season on Oct. 19, 2021, we wanted to reflect on what our CIO & Founder Bob Robotti said at our 2019 Annual Meeting as we believe this analogy has even more relevance in today’s market. Also, it speaks to the heart of our investment philosophy as stock pickers:
“Today, we see that there are many basketballs sitting there, right under the basket. And in investing, there is no three-second rule. And those easy shots – those companies that are so deeply discounted – those are the shots we’re taking.”
Bob Robotti (2019 Annual Meeting)
For more valuable insights from Bob Robotti & the investment team as well as to learn about Robotti & Company in general, please contact IR@robotti.com.