We find value through securities that are out of favor, overlooked or misunderstood, where an investment edge is more likely.
In the absence of compelling investment opportunities, we hold cash.
We invest in companies with strong balance sheets, an approach that we believe dramatically reduces our risk of permanent loss of capital.
Our research process is relentless and includes regular travel to see management teams, assets, customers and competitors firsthand.
We believe that the temperament to remain steadfast in our analytical conviction, especially when others are consumed by fear or blinded by enthusiasm, is necessary to obtaining superior long-term returns.
Roumell Asset Management is an opportunistic capital allocator (OCA).
We are honored to be included in the recently published book, The Art of Value Investing: How the World’s Best Investors Beat the Market by John Heins and Whitney Tilson